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 113,391 shares traded hands. Dollarama Inc (TSE:DOL) has risen 6.84% since April 8, 2016 and is uptrending. It has outperformed by 1.85% the S&P500.
The move comes after 9 months positive chart setup for the $10.87 billion company. It was reported on Nov, 14 by Barchart.com. We have $139.94 PT which if reached, will make TSE:DOL worth $5.00B 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 10.97% above today’s ($95.85) stock price. Dollarama Inc has been the topic of 40 analyst reports since August 27, 2015 according to StockzIntelligence Inc. RBC Capital Markets maintained Dollarama Inc (TSE:DOL) rating on Tuesday, November 24. RBC Capital Markets has “Outperform” rating and $96 price target. The rating was maintained by TD Securities with “Buy” on Tuesday, September 1. TD Securities maintained the stock with “Buy” rating in Friday, September 2 report. The rating was upgraded by TD Securities to “Buy” on Wednesday, August 24. BMO Capital Markets upgraded the stock to “Outperform” rating in Monday, January 4 report. The company was maintained on Friday, September 2 by BMO Capital Markets. RBC Capital Markets maintained the shares of DOL in a report on Thursday, December 10 with “Outperform” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, June 3. The stock of Dollarama Inc (TSE:DOL) has “Outperform” rating given on Friday, June 3 by Scotia Capital. The stock of Dollarama Inc (TSE:DOL) earned “Outperform” rating by National Bank Canada on Thursday, June 9.

More notable recent Dollarama Inc (TSE:DOL) news were published by: Theglobeandmail.com which released: “The Globe and Mail” on November 22, 2011, also Business.Financialpost.com with their article: “Dollarama Inc considers offering online sales for bulk buyers to complement …” published on September 01, 2016, Business.Financialpost.com published: “TD upgrades Dollarama Inc to buy” on August 24, 2016. More interesting news about Dollarama Inc (TSE:DOL) were released by: Business.Financialpost.com and their article: “Dollarama Inc investors getting bang for their buck as company beats profit …” published on June 08, 2016 as well as Fool.ca‘s news article titled: “The Big Reason NOT to Own Dollarama Inc.” with publication date: October 12, 2016.

Dollarama Inc. is a Canada-based holding company. The company has a market cap of $10.87 billion. The Firm operates dollar stores. It has a 28.68 P/E ratio. It has approximately 1,030 stores in operation in Canada.

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