BRP Inc (DOO) Receives C$29.86 Consensus Price Target from Analysts
Shares of BRP Inc (TSE:DOO) have been given a consensus rating of “Buy” by the eight analysts that are currently covering the stock. One research analyst has rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is C$29.86.
DOO has been the subject of a number of analyst reports. Scotiabank restated an “outperform” rating and issued a C$28.00 price target on shares of BRP in a research report on Thursday, August 18th. Royal Bank Of Canada reduced their price target on BRP from C$29.00 to C$28.00 in a research report on Friday, September 2nd. RBC Capital Markets upped their price target on BRP from C$27.00 to C$28.00 and gave the stock an “outperform” rating in a research report on Friday, September 2nd. BMO Capital Markets set a C$30.00 price target on BRP and gave the stock a “market perform” rating in a research report on Monday, September 12th. Finally, Canaccord Genuity upped their price target on BRP from C$27.50 to C$30.00 in a research report on Monday, September 12th.
Shares of BRP (TSE:DOO) opened at 23.46 on Thursday. The company has a 50-day moving average price of $25.71 and a 200-day moving average price of $22.67. BRP has a 52-week low of $13.87 and a 52-week high of $27.30. The company has a market cap of $2.63 billion and a P/E ratio of 34.30.
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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