There’s a lot to be optimistic about in the Consumer Goods sector as 2 analysts just weighed in on Dollarama (DLMAF – Research Report) and Dingdong (DDL – Research Report) with bullish sentiments.
Dollarama (DLMAF)
Stifel Nicolaus analyst Martin Landry maintained a Buy rating on Dollarama yesterday and set a price target of C$94.00. The company’s shares closed last Tuesday at $58.01.
According to TipRanks.com, Landry is ranked #182 out of 8343 analysts.
Currently, the analyst consensus on Dollarama is a Moderate Buy with an average price target of $66.63.
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Dingdong (DDL)
In a report released today, Joyce Ju from Bank of America Securities reiterated a Buy rating on Dingdong, with a price target of $6.50. The company’s shares closed last Tuesday at $5.14.
According to TipRanks.com, Ju is ranked #3794 out of 8343 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dingdong with a $7.00 average price target.
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