Stifel Nicolaus Keeps Their Hold Rating on Dollarama (DLMAF)

Stifel Nicolaus analyst Martin Landry maintained a Hold rating on Dollarama today and set a price target of C$200.00.

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According to TipRanks, Landry is a 5-star analyst with an average return of 24.8% and a 59.39% success rate.

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

Based on Dollarama’s latest earnings release for the quarter ending July 31, the company reported a quarterly revenue of C$1.72 billion and a net profit of C$321.5 million. In comparison, last year the company earned a revenue of C$1.56 billion and had a net profit of C$285.94 million

Based on the recent corporate insider activity of 22 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.