12:13:45 EDT Sat 20 Apr 2024
Enter Symbol
or Name
USA
CA



Dollarama Inc
Symbol DOL
Shares Issued 117,365,002
Close 2016-12-07 C$ 101.32
Market Cap C$ 11,891,422,003
Recent Sedar Documents

Globe says Dollarama hiked to "buy" from "hold"

2016-12-08 08:57 ET - In the News

The Globe and Mail reports in its Thursday, Dec. 8, edition that Industrial Alliance Securities analyst Neil Linsdell, after the third quarter results for Dollarama ($101.32) topped estimates, raised his rating for the stock to "buy" from "hold." The Globe's David Leeder writes in the Eye On Equities column that Mr. Linsdell raised his share target to $110 from $110. Analysts on average target the shares at $109.47. Mr. Linsdell says in a note: "Dollarama is a Canadian success story and remains a solid retail operator. In turn, the company has become a stock market darling with record high valuation multiples. Dollarama's ability to provide customers value at low price points is subject to a number of factors, including merchandise costs, foreign exchange fluctuations, tariffs on imported goods, labour costs, rent, fuel/transportation costs, and inflation. Throughout the increased competition from Dollar Tree and f/x headwinds as the weakened Canadian dollar has made purchasing for the $1 price point items more challenging, the company has maintained enough flexibility in its pricing structure and store expansion to maintain its industry leading margins."

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