Dollarama (DOL) Gets a Hold Rating from National Bank


A Wall Street analyst has provided a review for the Services company today, but retained the same rating on the stock. Analyst Vishal Shreedhar from National Bank rated Dollarama (DOL) a Hold, setting a C$44 price target.

According to TipRanks.com, Shreedhar is ranked #3841 out of 5131 analysts.

Read also: This Analyst Presses the ‘Buy’ Button on Foot Locker (FL) Stock on Back of Strong Earnings

Currently, the analyst consensus on Dollarama is a Moderate Buy with an average price target of C$46.64, which is a 32.8% upside from current levels. In a report issued on November 26, TD Securities also maintained a Hold rating on the stock with a C$44 price target.

.

Dollarama’s market cap is currently C$11.71B and has a P/E ratio of 22.2. The company has a Price to Book ratio of -204.75.

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$35.12, close to its 52-week low of C$33.21.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts