Dollarama (DOL) Set to Announce Earnings on Wednesday

Dollarama (TSE:DOL) is scheduled to post its quarterly earnings results before the market opens on Wednesday, December 6th. Analysts expect Dollarama to post earnings of C$1.10 per share for the quarter.

Shares of Dollarama (TSE:DOL) opened at C$153.61 on Tuesday. Dollarama has a one year low of C$96.50 and a one year high of C$166.62.

In other Dollarama news, insider Geoffrey Peter Robillard sold 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of C$133.99, for a total value of C$669,950.00.

Several equities research analysts recently commented on the company. BMO Capital Markets raised their target price on Dollarama from C$141.00 to C$150.00 in a research note on Friday, September 8th. Canaccord Genuity raised their target price on Dollarama from C$150.00 to C$178.00 in a research note on Thursday, November 30th. CIBC raised their target price on Dollarama from C$141.00 to C$157.00 in a research note on Friday, September 8th. Desjardins raised Dollarama from a “hold” rating to a “buy” rating and raised their target price for the stock from C$134.00 to C$154.00 in a research note on Friday, September 8th. Finally, Eight Capital raised their target price on Dollarama from C$140.00 to C$150.00 in a research note on Friday, September 8th. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of C$157.92.

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Dollarama Company Profile

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.

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