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A statement released earlier today by CIBC World Markets about Dollarama Inc (TSE:DOL) ups the target price to $141.00

Stating a possible upside of 0.11%, CIBC World Markets increased the stock price target of Dollarama Inc (TSE:DOL) to $141.00

Previously on 06/07/2017, Barclays Capital reported about Dollarama Inc (TSE:DOL) raised the target price from $115.00 to $121.00. At the time, this indicated a possible downside of -0.07%.

Only yesterday Dollarama Inc (TSE:DOL) traded -0.47% lower at $126.80. The company’s 50-day moving average is $132.65 and its 200-day moving average is $123.76. The last stock close price is up 10.31% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 228,694 shares of the stock traded hands, down from an average trading volume of 341,292

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Dollarama Inc (TSE:DOL)

Dollarama Inc has a 52 week low of $93.27 and a 52 week high of $140.19 with a P/E ratio of 32.97 The company’s market cap is currently $0.

In addition to CIBC World Markets reporting its stock price target, a total of 15 brokers have issued a research note on the company. The average stock price target is $83.36 with 2 brokerages rating the stock a strong buy, 10 brokerages rating the stock a buy, 3 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Dollarama Inc (TSE:DOL)

Dollarama Inc. is a Canada-based holding company. The Company operates dollar stores. It has approximately 1,030 stores in operation in Canada. Its stores have an average area of approximately 9,942 square feet, and offer a range of consumer products, general merchandise and seasonal items, including private label and nationally branded products. Its merchandise is sold in individual or multiple units. The Company's stores are located in metropolitan areas, mid-sized cities and towns. Its general merchandise includes party supplies, office supplies, arts and craft supplies, greeting cards and stationery, giftware, household wares, kitchenware, glassware, hardware and electronics, toys and apparel. Its consumable products include household consumables, such as paper, plastics, foils and cleaning supplies, basic health and beauty care products, pet food, confectionery, drinks, snacks and other food products. Its seasonal products include Halloween and the winter holidays merchandise.

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