Bernstein Remains a Buy on Dollarama (DLMAF)

Bernstein reiterated a Buy rating on Dollarama (DLMAF), assigning a price target of C$231.00. Shares closed last Friday at C$177.21. In TipRanks’ database, Zhihan Ma is rated as a 3-star analyst, with an average return of 2.9% and a 45.63% success rate, covering the Consumer Defensive sector alongside peers such as Walmart, Target, and Dollar Tree. Overall “Street” sentiment is a Strong Buy consensus, with an average target of C$218.41, implying 23.25% upside from current levels. RBC Capital also re-confirmed Buy on Aug. 31, setting C$223.00. Dollarama reported quarterly revenue of C$1.85 billion and net profit of C$302.27 million for the quarter ended April 30.