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A statement released earlier today by Raymond James about Dollarama Inc (TSE:DOL) bumps the target price to $140.00

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

In a report issued Thursday June 08, 2017 Raymond James raised the target price of Dollarama Inc (TSE:DOL) from $135.00 to $140.00 reporting a possible upside of 0.10%.

Previously on 6/07/2017, Barclays Capital released a statement about Dollarama Inc (TSE:DOL) increased the target price from $115.00 to $121.00. At the time, this indicated a possible downside of -0.07%.

Recent Performance Chart

Dollarama Inc (TSE:DOL)

Dollarama Inc has 52 week low of $93.27 and a 52 week high of $140.19 with a PE ratio of 32.97 and has a market capitalization of $0.

In addition to Raymond James reporting its stock price target, a total of 15 brokerages have issued a ratings update 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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