BRP Rating Reiterated by RBC Capital (DOO)
BRP (TSE:DOO)‘s stock had its “outperform” rating reiterated by research analysts at RBC Capital in a report released on Friday, American Banking and Market News reports. They currently have a C$32.00 price target on the stock. RBC Capital’s target price would suggest a potential upside of 17.86% from the stock’s previous close.
BRP (TSE:DOO) traded up 2.50% during mid-day trading on Friday, hitting $27.83. 37,337 shares of the company’s stock traded hands. BRP has a one year low of $22.61 and a one year high of $29.50. The stock’s 50-day moving average is $28.38 and its 200-day moving average is $26.61.
A number of other analysts have also recently weighed in on DOO. Analysts at National Bank Financial cut their price target on shares of BRP (TSE:DOO) from C$32.00 to C$31.00 in a research note to investors on Friday. They now have an “outperform” rating on the stock. Separately, analysts at Scotiabank raised their price target on shares of BRP (TSE:DOO) from C$29.00 to C$33.00 in a research note to investors on Friday, September 6th. They now have a “sector outperform” rating on the stock.
Six equities research analysts have rated the stock with a buy rating, BRP has a consensus rating of “Buy” and a consensus price target of C$31.80.
BRP Inc is engaged in designing, manufacturing, marketing and distribution of recreational powersport products.
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