Canaccord Genuity Group Forecasts Strong Price Appreciation for Dollarama (TSE:DOL) Stock

Posted by Francis Steltz on Jun 12th, 2026

Dollarama (TSE:DOL – Get Free Report) had its target price boosted by investment analysts at Canaccord Genuity Group from C$187.00 to C$204.00 in a report released on Friday,BayStreet.CA reports. Canaccord Genuity Group’s price objective would suggest a potential upside of 6.26% from the stock’s previous close.

Several other equities analysts have also commented on the company. Stifel Nicolaus upgraded Dollarama from a “hold” rating to a “buy” rating and upped their target price for the company from C$180.00 to C$190.00 in a research note on Tuesday, May 5th. Desjardins dropped their price target on Dollarama from C$218.00 to C$205.00 and set a “buy” rating for the company in a research note on Wednesday, March 25th. TD Securities dropped their price target on Dollarama from C$235.00 to C$225.00 and set a “buy” rating for the company in a research note on Wednesday, March 25th. Wells Fargo & Company dropped their price target on Dollarama from C$195.00 to C$185.00 in a research note on Wednesday, March 25th. Finally, Scotiabank dropped their price target on Dollarama from C$220.00 to C$200.00 in a research note on Wednesday, March 25th. One investment analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Dollarama presently has an average rating of “Moderate Buy” and an average target price of C$216.00.

View Our Latest Report on DOL

Dollarama Price Performance

Shares of TSE DOL traded down C$3.78 during trading on Friday, reaching C$191.98. The company had a trading volume of 429,075 shares, compared to its average volume of 715,527. Dollarama has a twelve month low of C$166.00 and a twelve month high of C$209.96. The stock has a market capitalization of C$52.26 billion, a PE ratio of 40.59, a price-to-earnings-growth ratio of 1.93 and a beta of 0.37. The stock has a 50-day moving average price of C$174.77 and a two-hundred day moving average price of C$187.83. The company has a current ratio of 1.13, a quick ratio of 0.08 and a debt-to-equity ratio of 370.61.

Dollarama (TSE:DOL – Get Free Report) last released its quarterly earnings results on Thursday, June 11th. The company reported C$1.11 earnings per share for the quarter. Dollarama had a return on equity of 94.71% and a net margin of 18.05%.The company had revenue of C$1.85 billion during the quarter. As a group, sell-side analysts predict that Dollarama will post 5.3295203 earnings per share for the current year.

Dollarama News Roundup

Here are the key news stories impacting Dollarama this week:

Positive Sentiment: Dollarama topped quarterly estimates, reporting C$1.11 EPS on revenue of C$1.85 billion, with management and media reports pointing to strong same-store sales and broad-based demand for budget essentials. Dollarama tops quarterly estimates on steady demand for low-priced essentials
Positive Sentiment: Sales surged more than 20% year over year, reinforcing the view that Dollarama is benefiting from weakening consumer confidence and demand for value-priced goods. Dollarama sales surge over 20% amid weakening consumer confidence
Positive Sentiment: Market commentary said Dollarama helped lift the TSX, indicating investors viewed the results as a positive read-through for the stock and for broader Canadian equities. TSX rises to one-week high as Dollarama leads broad-based gains
Neutral Sentiment: In the earnings call and transcript, management described the quarter as “smooth” but flagged monitoring for potential supply-chain and geopolitical impacts, including risks tied to the Iran war. Dollarama has smooth Q1, bracing for impacts of Iran war: CFO
Neutral Sentiment: Analysts had already expected a strong quarter on same-store sales momentum, so part of the move may reflect confirmation of expectations rather than a new surprise. Dollarama 1Q Rev Seen Higher on Same-Store Sales Momentum — Earnings Preview

Dollarama Company Profile

(Get Free Report)

Dollarama Inc is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items, with merchandise at low fixed price points. General merchandise and consumer products jointly account for the majority of the company’s product offerings. The company’s stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns.