BRP Inc (TSE:DOO) has received an average rating of “Buy” from the ten ratings firms that are presently covering the stock, MarketBeat reports. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is C$53.11.
A number of brokerages recently commented on DOO. BMO Capital Markets lifted their price objective on BRP from C$50.00 to C$54.00 and gave the stock an “outperform” rating in a research note on Monday, December 4th. CIBC lifted their price objective on BRP from C$46.00 to C$54.00 in a research note on Monday, December 4th. Canaccord Genuity boosted their target price on BRP from C$51.00 to C$56.00 in a research note on Monday, December 4th. National Bank Financial boosted their target price on BRP from C$46.00 to C$49.00 and gave the company an “outperform” rating in a research note on Wednesday, November 8th. Finally, Desjardins boosted their target price on BRP from C$46.00 to C$54.00 in a research note on Monday, December 4th.
Shares of BRP (TSE DOO) opened at C$51.54 on Tuesday. BRP has a 52 week low of C$25.50 and a 52 week high of C$52.17. The company has a market capitalization of $5,150.00, a price-to-earnings ratio of 19.09 and a beta of 0.97.
In other BRP news, insider Pascal Gauthier sold 600 shares of the business’s stock in a transaction dated Friday, December 8th. The stock was sold at an average price of C$48.30, for a total value of C$28,980.00.
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BRP Company Profile
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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