Wall Street analyst has provided a review for the Services company today, but retained the same rating on the stock. Analyst Patricia Baker from Scotiabank remains bullish on Dollarama (TSX: DOL) and has a C$56 price target.
According to TipRanks.com, Baker is a 4-star analyst with an average return of 7.9% and a 59.3% success rate. Baker covers the Services sector, focusing on stocks such as Restaurant Brands International, Walgreens Boots Alliance, and Kroger Company.
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Currently, the analyst consensus on Dollarama is a Strong Buy with an average price target of C$68.03.
The company has a one-year high of C$56.67 and a one-year low of C$40.24. Currently, Dollarama has an average volume of 693.5K.
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$48.45.
