Jefferies Financial Group Cuts Dollarama (TSE:DOL) Price Target to C$200.00

Dollarama (TSE:DOLFree Report) had its target price cut by Jefferies Financial Group from C$235.00 to C$200.00 in a research note issued to investors on Wednesday,BayStreet.CA reports.

Several other analysts have also recently commented on DOL. Stifel Nicolaus lifted their target price on shares of Dollarama from C$190.00 to C$200.00 and gave the stock a “hold” rating in a research note on Friday, December 12th. Desjardins set a C$218.00 price target on Dollarama and gave the stock a “buy” rating in a research note on Monday, March 16th. Scotiabank raised their price objective on Dollarama from C$205.00 to C$220.00 and gave the stock an “outperform” rating in a report on Friday, December 12th. BMO Capital Markets lifted their price objective on Dollarama from C$215.00 to C$222.00 in a research report on Wednesday, December 3rd. Finally, Canadian Imperial Bank of Commerce upped their target price on Dollarama from C$199.00 to C$212.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Dollarama currently has a consensus rating of “Moderate Buy” and an average price target of C$202.92.

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Dollarama Price Performance

TSE:DOL opened at C$166.76 on Wednesday. Dollarama has a 12-month low of C$147.00 and a 12-month high of C$209.96. The firm has a market cap of C$45.48 billion, a price-to-earnings ratio of 35.26, a price-to-earnings-growth ratio of 1.93 and a beta of 0.15. The company’s 50-day moving average is C$190.83 and its two-hundred day moving average is C$191.65. The company has a current ratio of 1.13, a quick ratio of 0.08 and a debt-to-equity ratio of 370.61.

Dollarama (TSE:DOLGet Free Report) last issued its quarterly earnings results on Tuesday, March 24th. The company reported C$1.43 EPS for the quarter. The business had revenue of C$2.10 billion during the quarter. Dollarama had a net margin of 18.05% and a return on equity of 94.71%. Research analysts expect that Dollarama will post 5.3295203 EPS for the current year.

Key Headlines Impacting Dollarama

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Dollarama Company Profile

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Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items, with merchandise at low fixed price points. General merchandise and consumer products jointly account for the majority of the company’s product offerings. The company’s stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns.

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