23:09:48 EDT Sun 12 May 2024
Enter Symbol
or Name
USA
CA



Dollarama Inc
Symbol DOL
Shares Issued 278,760,573
Close 2024-03-14 C$ 104.54
Market Cap C$ 29,141,630,301
Recent Sedar Documents

Globe says Shreedhar sees Dollarama trading higher

2024-03-14 07:43 ET - In the News

The Globe and Mail reports in its Thursday, March 14, edition that National Bank of Canada analyst Vishal Shreedhar has raised his share target for Dollarama to $112 from $108 as he previewed the retailer's fourth quarter results. The Globe's Darcy Keith writes in the Eye On Equities column that Mr. Shreedhar is projecting earnings per share of $1.05, in line with the consensus, and up from 91 cents a year earlier. Sales are expected to rise to $1.59-billion from $1.47-billion last year, though that is below consensus at $1.61-billion. The higher price target reflects the analyst moving forward his valuation period. Dollarama reports fiscal 2024 fourth quarter results on Aug. 29. The Globe reported on Sept. 1 and Sept. 29 that Mr. Shreedhar had reaffirmed his "outperform" recommendation for Dollarama. The shares could then be had for $87.61 and $94.43. The Globe reported on Dec. 15 that Stifel analyst Martin Landry had lowered Dollarama to "hold" from "buy." The shares were then worth $90. The Globe reported on Jan. 30 that Scotia Capital analyst George Doumet had lowered his recommendation for Dollarama to "sector perform" from "sector outperform." The shares could then be had for $99.57.

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