00:10:39 EDT Mon 06 May 2024
Enter Symbol
or Name
USA
CA



Dollarama Inc
Symbol DOL
Shares Issued 278,760,573
Close 2024-04-01 C$ 102.25
Market Cap C$ 28,503,268,589
Recent Sedar Documents

Globe says Canaccord's Hannan rates Dollarama "hold"

2024-04-02 07:06 ET - In the News

The Globe and Mail reports in its Tuesday, April 2, edition that Canaccord Genuity analyst Luke Hannan, expecting "yet another solid quarter" when Dollarama reports results on Thursday, boosted his share target to $100 from $98. The Globe's David Leeder writes in the Eye On Equities column that analysts on average target the shares at $105.09. Mr. Hannan continues to rate Dollarama "hold." Mr. Hannan says in a note, "While we still believe in Dollarama's long-term growth profile -- a result of its lack of meaningful competition, industry-leading profitability and free cash flow generation, and healthy ROIC -- we believe the shares are appropriately valued at current levels." 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. The Globe reported on March 14 that National Bank of Canada analyst Vishal Shreedhar said he saw Dollarama trading at a higher price. The shares could then be had for $104.54.

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