04:05 PM EDT, 04/03/2025 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:
We lift our 12-month target from CAD175 to CAD184, based on 35x our FY 27 (Jan.) EPS, above the company's long-term mean of 28x. We believe DOL deserves a premium multiple as it remains one of the top earnings compounders within our retail coverage. With expansion plans in Canada, Latin America, Mexico, and Australia, we expect DOL to achieve 10%+ EPS growth over each of the next few years. We raise our FY 26 EPS to CAD4.70 from CAD4.48 and FY 27's to CAD5.26 from CAD4.98. F4Q results underscored DOL's stronghold in Canada and its reputation for compelling value. The company is moving with strong momentum, though it will be lapping exceptionally high growth rates from recent years. Additionally, the macro environment is weakening, and tariff risks exist due to Canada's counter-tariffs on U.S. goods, which primarily affect DOL's consumables portfolio. That said, we view tariffs as manageable given the company's multi-price assortment and flexibility to substitute or remove certain products.