BRP Inc (DOO) Receives Average Rating of “Buy” from Brokerages
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.
COPYRIGHT VIOLATION NOTICE: This news story was first published by American Banking News and is the sole property of of American Banking News. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of U.S. & international copyright legislation. The original version of this news story can be viewed at https://www.americanbankingnews.com/2017/05/12/brp-inc-doo-receives-average-rating-of-buy-from-brokerages.html.
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.
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.
Receive News & Ratings for BRP Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BRP Inc and related companies with MarketBeat.com's FREE daily email newsletter.