Canaccord Genuity Raises Dollarama (DOL) Price Target to C$178.00

Dollarama (TSE:DOL) had its price objective boosted by Canaccord Genuity from C$150.00 to C$178.00 in a research note published on Thursday morning.

A number of other research firms have also weighed in on DOL. Desjardins raised shares of Dollarama from a hold rating to a buy rating and boosted their price objective for the company from C$134.00 to C$154.00 in a research report on Friday, September 8th. National Bank Financial boosted their price objective on shares of Dollarama from C$140.00 to C$145.00 in a research report on Friday, September 8th. Raymond James Financial boosted their price objective on shares of Dollarama from C$140.00 to C$143.00 in a research report on Friday, September 8th. Royal Bank Of Canada boosted their price objective on shares of Dollarama from C$143.00 to C$161.00 in a research report on Friday, November 24th. Finally, BMO Capital Markets upped their price target on shares of Dollarama from C$141.00 to C$150.00 in a research report on Friday, September 8th. Four analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus price target of C$157.92.

Dollarama (TSE:DOL) opened at C$154.30 on Thursday. Dollarama has a 52-week low of C$96.50 and a 52-week high of C$166.62.

In related news, insider Geoffrey Peter Robillard sold 5,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of C$133.99, for a total transaction of C$669,950.00.

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Dollarama Company Profile

Dollarama Inc is a Canada-based holding company. The Company operates dollar stores. It has approximately 1,030 stores in operation in Canada. Its stores have an average area of approximately 9,942 square feet, and offer a range of consumer products, general merchandise and seasonal items, including private label and nationally branded products.

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