Is Dollarama Inc a Buy? The Stock Rises Again

 Is Dollarama Inc a Buy? The Stock Rises Again

The stock of Dollarama Inc (TSE:DOL) is a huge mover today! About 70,858 shares traded hands. Dollarama Inc (TSE:DOL) has risen 25.35% since March 24, 2016 and is uptrending. It has outperformed by 21.88% the S&P500.
The move comes after 7 months positive chart setup for the $11.83B company. It was reported on Oct, 31 by Barchart.com. We have $155.00 PT which if reached, will make TSE:DOL worth $6.51B more.

Dollarama Inc (TSE:DOL) Ratings Coverage

Out of 10 analysts covering Dollarama Inc (TSE:DOL), 8 rate it a “Buy”, 0 “Sell”, while 2 “Hold”. This means 80% are positive. $122 is the highest target while $76 is the lowest. The $106.36 average target is 6.36% above today’s ($100) stock price. Dollarama Inc has been the topic of 40 analyst reports since August 27, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating by RBC Capital Markets given on Friday, June 3. RBC Capital Markets maintained it with “Outperform” rating and $96 target price in Thursday, December 10 report. TD Securities maintained Dollarama Inc (TSE:DOL) rating on Friday, September 2. TD Securities has “Buy” rating and $115 price target. The firm has “Outperform” rating by BMO Capital Markets given on Friday, September 2. The rating was upgraded by TD Securities to “Buy” on Wednesday, August 24. The firm earned “Buy” rating on Tuesday, September 1 by TD Securities. RBC Capital Markets maintained Dollarama Inc (TSE:DOL) on Tuesday, November 24 with “Outperform” rating. Scotia Capital maintained Dollarama Inc (TSE:DOL) on Friday, June 3 with “Outperform” rating. The stock has “Outperform” rating given by National Bank Canada on Thursday, June 9. The company was upgraded on Monday, January 4 by BMO Capital Markets.

More notable recent Dollarama Inc (TSE:DOL) news were published by: Business.Financialpost.com which released: “Dollarama Inc considers offering online sales for bulk buyers to complement …” on September 01, 2016, also Theglobeandmail.com with their article: “The Globe and Mail” published on November 22, 2011, Business.Financialpost.com published: “Dollarama Inc investors getting bang for their buck as company beats profit …” on June 08, 2016. More interesting news about Dollarama Inc (TSE:DOL) were released by: Business.Financialpost.com and their article: “TD upgrades Dollarama Inc to buy” published on August 24, 2016 as well as Fool.ca‘s news article titled: “Why Dollarama Inc. Is Canada’s Hottest Retail Stock” with publication date: October 11, 2016.

Dollarama Inc. is a Canada-based holding company. The company has a market cap of $11.83 billion. The Firm operates dollar stores. It has a 29.92 P/E ratio. It has approximately 1,030 stores in operation in Canada.

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