BRP Inc (TSE:DOO) has been given a consensus recommendation of “Buy” by the nine brokerages that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is C$41.13.

Several equities analysts recently weighed in on the stock. BMO Capital Markets restated an “outperform” rating and set a C$46.00 target price on shares of BRP in a report on Tuesday, September 5th. Desjardins lifted their target price on shares of BRP from C$44.00 to C$46.00 and gave the company a “buy” rating in a report on Wednesday, July 19th. Scotiabank lifted their target price on shares of BRP from C$41.00 to C$46.00 and gave the company an “outperform” rating in a report on Tuesday, September 5th. Royal Bank Of Canada restated an “outperform” rating and set a C$43.00 target price on shares of BRP in a report on Monday, August 21st. Finally, CIBC lifted their target price on shares of BRP from C$34.00 to C$42.00 in a report on Friday, June 2nd.

TRADEMARK VIOLATION WARNING: “BRP Inc (DOO) Receives Average Recommendation of “Buy” from Brokerages” was originally published by American Banking News and is the sole property of of American Banking News. If you are reading this report on another publication, it was copied illegally and republished in violation of international copyright and trademark laws. The legal version of this report can be viewed at https://www.americanbankingnews.com/2017/09/16/brp-inc-doo-receives-average-recommendation-of-buy-from-brokerages.html.

Shares of BRP (TSE DOO) opened at 40.75 on Friday. The stock has a market cap of $4.21 billion and a price-to-earnings ratio of 15.39. The stock’s 50 day moving average price is $40.69 and its 200-day moving average price is $35.39. BRP has a 52-week low of $22.20 and a 52-week high of $43.88.

In other news, Director Michael Hanley sold 5,100 shares of the business’s stock in a transaction dated Friday, June 23rd. The shares were sold at an average price of C$40.30, for a total value of C$205,530.00. Also, Director Edward Michael Philip sold 1,000 shares of the business’s stock in a transaction dated Wednesday, July 12th. The stock was sold at an average price of C$39.69, for a total transaction of C$39,690.00. Insiders sold a total of 24,693 shares of company stock worth $970,447 in the last quarter.

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.

Analyst Recommendations for BRP (TSE:DOO)

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.