CIBC Sticks to Their Hold Rating for Dollarama (DLMAF)

CIBC analyst Mark Petrie maintained a Hold rating on Dollarama today and set a price target of C$199.00. The company’s shares opened today at $134.25.

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According to TipRanks, Petrie is a 5-star analyst with an average return of 17.2% and a 67.54% success rate. Petrie covers the Consumer Cyclical sector, focusing on stocks such as Gildan Activewear, BRP, and Alimentation Couche-Tard Inc.

In addition to CIBC, Dollarama also received a Hold from Stifel Nicolaus’s Martin Landry in a report issued today. However, on the same day, National Bank maintained a Buy rating on Dollarama (Other OTC: DLMAF).

DLMAF market cap is currently $38.52B and has a P/E ratio of 44.08.

Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DLMAF in relation to earlier this year.