Dollarama (DLMAF) Gets a Buy from Bernstein
Bernstein analyst Zhihan Ma maintained a Buy rating on Dollarama today and set a price target of C$220.00. The company’s shares closed last Friday at $132.58.
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According to TipRanks, Ma is a 3-star analyst with an average return of 8.4% and a 70.83% success rate. Ma covers the Consumer Defensive sector, focusing on stocks such as Walmart, Costco, and Dollar General.
Dollarama has an analyst consensus of Moderate Buy, with a price target consensus of $147.10, implying a 10.95% upside from current levels. In a report released on September 25, BMO Capital also maintained a Buy rating on the stock with a C$215.00 price target.
The company has a one-year high of $144.63 and a one-year low of $88.12. Currently, Dollarama has an average volume of 22.6K.
Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of DLMAF in relation to earlier this year.
Read More on DLMAF:
Disclaimer & DisclosureReport an Issue
- Dollarama initiated with an Outperform at Bernstein
- Dollarama’s Strong Market Position and Growth Potential Justify Buy Rating
- Dollarama’s Earnings Call: Growth Amid Challenges
- Dollarama price target lowered to C$195 from C$200 at Canaccord
- Dollarama price target lowered to C$205 from C$210 at Scotiabank
