Does Dollarama Inc Have Any Gas After Today’s Huge Decline?

 Does Dollarama Inc Have Any Gas After Today's Huge Decline?

The stock of Dollarama Inc (TSE:DOL) is a huge mover today! About 81,976 shares traded hands. Dollarama Inc (TSE:DOL) has risen 15.45% since April 26, 2016 and is uptrending. It has outperformed by 10.22% the S&P500.
The move comes after 7 months negative chart setup for the $12.01B company. It was reported on Nov, 30 by Barchart.com. We have $95.80 PT which if reached, will make TSE:DOL worth $720.60M less.

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 4.36% above today’s ($101.92) stock price. Dollarama Inc has been the topic of 43 analyst reports since August 27, 2015 according to StockzIntelligence Inc. BMO Capital Markets maintained the stock with “Outperform” rating in Friday, September 2 report. RBC Capital Markets maintained Dollarama Inc (TSE:DOL) rating on Tuesday, November 24. RBC Capital Markets has “Outperform” rating and $96 price target. BMO Capital Markets upgraded the shares of DOL in a report on Monday, January 4 to “Outperform” rating. National Bank Canada maintained Dollarama Inc (TSE:DOL) rating on Thursday, June 9. National Bank Canada has “Outperform” rating and $104 price target. The firm has “Outperform” rating by Scotia Capital given on Tuesday, November 22. The firm has “Buy” rating given on Wednesday, August 24 by TD Securities. RBC Capital Markets maintained Dollarama Inc (TSE:DOL) rating on Tuesday, November 29. RBC Capital Markets has “Outperform” rating and $122 price target. TD Securities maintained Dollarama Inc (TSE:DOL) rating on Friday, November 18. TD Securities has “Buy” rating and $115 price target. The firm has “Outperform” rating by RBC Capital Markets given on Friday, June 3. The stock has “Buy” rating given by TD Securities on Tuesday, September 1.

More notable recent Dollarama Inc (TSE:DOL) news were published by: Fool.ca which released: “Why Dollarama Inc. Continues to Be a Great Investment” on November 29, 2016, 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 Seekingalpha.com‘s news article titled: “Dollarama, Inc.: Onward And Upward” with publication date: July 05, 2016.

Dollarama Inc. is a Canada-based holding company. The company has a market cap of $12.01 billion. The Firm operates dollar stores. It has a 30.49 P/E ratio. It has approximately 1,030 stores in operation in Canada.

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