Barclays Maintains Their Hold Rating on Dollarama (DOL)
On September 14, an analyst has provided a rating update for the Services sector company, Dollarama (TSX: DOL). Analyst Jim Durran from Barclays reiterated a Hold rating, with a C$44 price target on September 14.
According to TipRanks.com, Durran is ranked #428 out of 4877 analysts.
Currently, the analyst consensus on Dollarama is a Moderate Buy with an average price target of C$50.05, implying a 20.2% upside from current levels. In a report issued on September 13, BMO Capital also downgraded the stock to Hold with a C$47 price target.
Dollarama’s market cap is currently C$13.65B and has a P/E ratio of 25.8. The company has a Price to Book ratio of -93.09.
Dollarama, Inc. engages in the operation of dollar store chain It offers a broad range of consumer products and general merchandise for everyday use, in addition to seasonal products. The company was founded by Lawrence Rossy in 1992 and is headquartered in Montreal, Canada.
The company’s shares closed on Friday at C$41.65, close to its 52-week low of C$40.31.