Dollarama (TSX: DOL), the Services sector company, was revisited by a Wall Street analyst today. Analyst Kenric Tyghe from Raymond James rated Dollarama (TSX: DOL) a Buy, setting a C$50 price target.
According to TipRanks.com, Tyghe is a 4-star analyst with an average return of 6.3% and a 57.1% success rate. Tyghe covers the Services sector, focusing on stocks such as Dine Brands Global Inc, Red Robin Gourmet, and Dollarama Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dollarama with a C$49.18 average price target.
Dollarama’s market cap is currently C$11.9B and has a P/E ratio of 22.6. The company has a Price to Book ratio of -208.
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 Thursday at C$37.61, close to its 52-week low of C$35.15.
