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TD Securities reported on Dollarama Inc (TSE:DOL), bumping up its stock price target to $135.00 today

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 closing price is up 10.31% from the 200-day moving average, compared to the S&P 500 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

In a report released on Thursday June 08, 2017 TD Securities increased the stock price target of Dollarama Inc (TSE:DOL) from $125.00 to $135.00 indicating a possible upside of 0.06%.

Previously on 06/07/2017, Barclays Capital reported on 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%.

See Chart Below

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 TD Securities 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 brokers rating the stock a strong buy, 10 brokers rating the stock a buy, 3 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About 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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