In a latest note to investors, a research analyst has provided a rating update for the Services sector company, Dollarama (DOL). Yesterday, analyst Mark Petrie gave a Hold rating to DOL and set a C$40 price target.
According to TipRanks.com, Petrie is a 5-star analyst with an average return of 13.3% and a 56.4% success rate. Petrie covers the Services sector, focusing on stocks such as Restaurant Brands International, Loblaw Companies Limited, and Dollarama Inc.
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Currently, the analyst consensus on Dollarama is a Moderate Buy with an average price target of C$48.18.
The company has a one-year high of C$56.67 and a one-year low of C$33.50. Currently, Dollarama has an average volume of 1.37M.
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$33.57, close to its 52-week low of C$33.50.
