BRP Inc (TSE:DOO) has been assigned a consensus rating of “Buy” from the eight analysts that are covering the firm. One equities research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is C$34.57.

DOO has been the topic of a number of research analyst reports. CIBC boosted their price target on shares of BRP from C$33.00 to C$34.00 in a report on Monday, March 27th. Desjardins boosted their price target on shares of BRP from C$33.00 to C$35.00 and gave the stock a “buy” rating in a report on Monday, March 27th. Northcoast Research reissued a “buy” rating on shares of BRP in a report on Friday, March 17th. Scotiabank boosted their price target on shares of BRP from C$32.00 to C$33.00 and gave the stock an “outperform” rating in a report on Tuesday, March 28th. Finally, BMO Capital Markets reissued an “outperform” rating and issued a C$38.00 price target on shares of BRP in a report on Monday, March 27th.

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Shares of BRP (TSE:DOO) traded down 1.87% during mid-day trading on Friday, reaching $32.00. 37,049 shares of the company’s stock were exchanged. BRP has a 52-week low of $18.80 and a 52-week high of $33.57. The company’s 50-day moving average price is $31.87 and its 200 day moving average price is $27.64. The company has a market cap of $3.58 billion and a PE ratio of 14.10.

About BRP

BRP Inc is engaged in the design, development, manufacturing, distribution and marketing of power sports vehicles and propulsion systems. The Company manufactures and sells Year-Round Products consisting of all-terrain vehicles (ATVs), side-by-side vehicles (SSVs) and roadsters; Seasonal Products consisting of snowmobiles and personal watercrafts (PWCs), and Propulsion Products consisting of engines for outboard and jet boats, karts, motorcycles and recreational aircraft.

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