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 74,605 shares traded hands. Dollarama Inc (TSE:DOL) has risen 11.30% since April 27, 2016 and is uptrending. It has outperformed by 5.37% the S&P500.
The move comes after 5 months positive chart setup for the $11.55 billion company. It was reported on Dec, 1 by Barchart.com. We have $110.74 PT which if reached, will make TSE:DOL worth $1.04 billion 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 4.69% above today’s ($101.6) stock price. Dollarama Inc has been the topic of 43 analyst reports since August 27, 2015 according to StockzIntelligence Inc. The company was upgraded on Wednesday, August 24 by TD Securities. RBC Capital Markets maintained the stock with “Outperform” rating in Friday, June 3 report. Scotia Capital maintained Dollarama Inc (TSE:DOL) on Friday, June 3 with “Outperform” rating. The stock of Dollarama Inc (TSE:DOL) has “Outperform” rating given on Monday, January 4 by BMO Capital Markets. The stock of Dollarama Inc (TSE:DOL) earned “Outperform” rating by RBC Capital Markets on Tuesday, November 24. The firm has “Buy” rating by TD Securities given on Friday, September 2. The stock has “Outperform” rating given by RBC Capital Markets on Tuesday, November 29. The firm earned “Outperform” rating on Thursday, December 10 by RBC Capital Markets. The stock of Dollarama Inc (TSE:DOL) earned “Buy” rating by TD Securities on Friday, November 18. The firm has “Outperform” rating given on Tuesday, November 22 by Scotia Capital.

More important 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 published article titled: “Dollarama Inc considers offering online sales for bulk buyers to complement …”, Business.Financialpost.com published: “TD upgrades Dollarama Inc to buy” on August 24, 2016. More interesting news about Dollarama Inc (TSE:DOL) was released by: Business.Financialpost.com and their article: “Dollarama Inc investors getting bang for their buck as company beats profit …” with publication date: June 08, 2016.

Dollarama Inc. is a Canada-based holding company. The company has a market cap of $11.55 billion. The Firm operates dollar stores. It has a 30.4 P/E ratio. It has approximately 1,030 stores in operation in Canada.

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