Shares of Dollarama Inc (TSE:DOL) have been given an average recommendation of “Buy” by the twelve ratings firms that are covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is C$161.42.

Several analysts recently issued reports on DOL shares. Desjardins downgraded Dollarama from a “buy” rating to a “hold” rating and set a C$165.00 price target for the company. in a report on Thursday, February 8th. Eight Capital increased their price target on Dollarama from C$150.00 to C$185.00 in a report on Tuesday, November 28th. BMO Capital Markets reiterated an “outperform” rating and issued a C$155.00 price target on shares of Dollarama in a report on Monday, October 16th. Wells Fargo & Co started coverage on Dollarama in a report on Friday, November 3rd. They issued a “market perform” rating and a C$150.00 price target for the company. Finally, National Bank Financial increased their price target on Dollarama from C$145.00 to C$160.00 in a report on Thursday, November 30th.

Shares of Dollarama (TSE:DOL) traded up C$1.51 on Friday, hitting C$154.84. The company had a trading volume of 151,391 shares, compared to its average volume of 370,672. The stock has a market cap of $17,040.00, a price-to-earnings ratio of 35.25 and a beta of 0.42. Dollarama has a twelve month low of C$97.00 and a twelve month high of C$170.00.

Dollarama (TSE:DOL) last announced its quarterly earnings results on Wednesday, December 6th. The company reported C$1.15 earnings per share (EPS) for the quarter, beating the consensus estimate of C$1.12 by C$0.03. The company had revenue of C$810.58 million during the quarter.

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 31st. Stockholders of record on Friday, January 5th were paid a dividend of $0.11 per share. The ex-dividend date was Thursday, January 4th. This represents a $0.44 annualized dividend and a dividend yield of 0.28%. Dollarama’s dividend payout ratio is presently 9.89%.

In other news, insider Geoffrey Peter Robillard sold 10,000 shares of the firm’s stock in a transaction dated Monday, December 11th. The stock was sold at an average price of C$157.42, for a total transaction of C$1,574,200.00. Also, Director John Assaly sold 509 shares of the firm’s stock in a transaction dated Wednesday, December 13th. The shares were sold at an average price of C$159.27, for a total value of C$81,068.43. Insiders have sold 29,509 shares of company stock valued at $4,749,838 over the last 90 days.

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About Dollarama

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.

Analyst Recommendations for Dollarama (TSE:DOL)

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