Dollarama (DOL) Given New C$165.00 Price Target at Raymond James Financial

The brokerage presently has an "outperform" rating on the stock.

A number of other research analysts have also issued reports on the stock. CIBC raised their price target on shares of Dollarama from C$141.00 to C$157.00 in a research report on Friday, September 8th. BMO Capital Markets raised their price target on shares of Dollarama from C$141.00 to C$150.00 in a research report on Friday, September 8th. They set a market perform rating and a C$150.00 price target for the company. Desjardins upgraded shares of Dollarama from a "hold" rating to a "buy" rating and raised their price objective for the company from C$134.00 to C$154.00 in a report on Friday, September 8th. Finally, National Bank Financial boosted their price objective on Dollarama from C$145.00 to C$160.00 in a research note on Thursday, November 30th. Four analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock presently has an average rating of "Buy" and a consensus price target of C$159.75.

Dollarama (TSE:DOL) opened at C$152.97 on Tuesday. Dollarama has a fifty-two week low of C$96.50 and a fifty-two week high of C$166.62.

In related news, insider Geoffrey Peter Robillard sold 5,000 shares of Dollarama stock in a transaction on Tuesday, September 12th.

On a per-share basis, Dollarama earned C$1.15 and topped analysts' average expectation of C$1.11, according to Thomson Reuters I/B/E/S. If you are accessing this piece on another site, it was illegally copied and reposted in violation of USA & worldwide trademark and copyright legislation.

Dollarama Inc is a Canada-based holding company.

Montreal-based Dollarama operated 66 more stores at the end of the quarter compared with the same period previous year, bringing the total to 1,135.

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