In a report issued on June 9, Irene Nattel from RBC Capital maintained a Buy rating on Dollarama, with a price target of C$68.00. The company’s shares closed last Wednesday at $45.43, close to its 52-week high of $47.00.
According to TipRanks.com, Nattel is a 4-star analyst with an average return of 9.9% and a 63.7% success rate. Nattel covers the Consumer Goods sector, focusing on stocks such as Alimentation Couche Tard, Loblaw Companies, and Casey’s General.
Currently, the analyst consensus on Dollarama is a Moderate Buy with an average price target of $50.22, a 10.5% upside from current levels. In a report issued on May 26, TD Securities also maintained a Buy rating on the stock with a C$65.00 price target.
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