Shares of BRP Inc (TSE:DOO) have been given an average recommendation of “Buy” by the ten analysts that are currently covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is C$53.11.
DOO has been the subject of several research reports. Desjardins raised their target price on BRP from C$46.00 to C$54.00 in a research report on Monday, December 4th. CIBC raised their target price on BRP from C$46.00 to C$54.00 in a research report on Monday, December 4th. Canaccord Genuity raised their target price on BRP from C$51.00 to C$56.00 in a research report on Monday, December 4th. Citigroup raised their target price on BRP from C$46.00 to C$58.00 in a research report on Monday, December 11th. Finally, UBS Group upgraded BRP from a “neutral” rating to a “buy” rating and increased their price objective for the stock from C$40.00 to C$47.00 in a research note on Saturday, September 23rd.
In other BRP news, insider Pascal Gauthier sold 600 shares of the stock in a transaction on Friday, December 8th. The stock was sold at an average price of C$48.30, for a total transaction of C$28,980.00.
BRP (TSE:DOO) last issued its earnings results on Friday, December 1st. The company reported C$1.05 EPS for the quarter, topping the consensus estimate of C$0.95 by C$0.10.
The business also recently disclosed a Not Available dividend, which was paid on Friday, January 12th. Shareholders of record on Friday, December 29th were paid a dividend of $0.08 per share. The ex-dividend date was Thursday, December 28th. BRP’s dividend payout ratio is currently 7.54%.
COPYRIGHT VIOLATION NOTICE: “BRP Inc (DOO) Receives Average Rating of “Buy” from Analysts” was published by American Banking News and is the property of of American Banking News. If you are accessing this story on another website, it was illegally stolen and republished in violation of US & international copyright and trademark law. The correct version of this story can be read at https://www.americanbankingnews.com/2018/01/19/brp-inc-doo-receives-average-rating-of-buy-from-analysts.html.
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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BRP and related companies with MarketBeat.com's FREE daily email newsletter.