Shares of Dollarama (DOL) were revisited by a Wall Street analyst today. The company received a Buy rating from Desjardins’ analyst Keith Howlett, with a C$45 price target.
Howlett has an average return of 14.7% when recommending Dollarama.
According to TipRanks.com, Howlett is ranked #1554 out of 5142 analysts.
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Currently, the analyst consensus on Dollarama is a Moderate Buy with an average price target of C$46.64, which is a 32.3% upside from current levels. In a report issued on November 27, RBC Capital also maintained a Buy rating on the stock with a C$49 price target.
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The company has a one-year high of C$56.67 and a one-year low of C$33.21. Currently, Dollarama has an average volume of 1.41M.
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 Monday at C$35.24, close to its 52-week low of C$33.21.
