BMO Capital Markets reissued their outperform rating on shares of BRP Inc (TSE:DOO) in a report released on Tuesday. BMO Capital Markets currently has a C$46.00 price target on the stock.

Several other research firms have also commented on DOO. National Bank Financial raised their price objective on shares of BRP from C$45.00 to C$46.00 and gave the company an outperform rating in a research note on Friday, September 1st. Royal Bank Of Canada reissued an outperform rating and issued a C$43.00 price objective on shares of BRP in a research note on Monday, August 21st. Desjardins raised their price objective on shares of BRP from C$44.00 to C$46.00 and gave the company a buy rating in a research note on Wednesday, July 19th. Northcoast Research lowered shares of BRP from a buy rating to a neutral rating in a research note on Tuesday, June 27th. Finally, Scotiabank raised their price objective on shares of BRP from C$33.00 to C$41.00 and gave the company an outperform rating in a research note on Friday, June 2nd. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The company currently has an average rating of Buy and a consensus price target of C$41.13.

Shares of BRP (DOO) opened at 40.16 on Tuesday. BRP has a one year low of $22.20 and a one year high of $43.88. The company has a market cap of $4.49 billion and a price-to-earnings ratio of 35.41. The company’s 50-day moving average is $40.39 and its 200-day moving average is $34.86.

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In related news, insider Bernard Guy sold 13,293 shares of the firm’s stock in a transaction that occurred on Thursday, June 22nd. The shares were sold at an average price of C$39.00, for a total value of C$518,427.00. Also, Director Michael Hanley sold 5,100 shares of the firm’s stock in a transaction that occurred on Friday, June 23rd. The shares were sold at an average price of C$40.30, for a total transaction of C$205,530.00. In the last ninety days, insiders sold 24,693 shares of company stock worth $970,447.

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)

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