National Bank Financial Boosts BRP (DOO) Price Target to C$52.00
Several other equities analysts have also recently weighed in on DOO. Royal Bank Of Canada reaffirmed an outperform rating and issued a C$43.00 price objective on shares of BRP in a report on Monday, August 21st. BMO Capital Markets reaffirmed an outperform rating and issued a C$46.00 price objective on shares of BRP in a report on Tuesday, September 5th. Scotiabank lifted their price objective on BRP from C$41.00 to C$46.00 and gave the company an outperform rating in a report on Tuesday, September 5th. UBS raised BRP from a neutral rating to a buy rating and lifted their price objective for the company from C$40.00 to C$47.00 in a report on Saturday, September 23rd. Finally, Desjardins reaffirmed a buy rating on shares of BRP in a report on Tuesday, October 17th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock has a consensus rating of Buy and an average target price of C$52.50.
BRP (DOO) opened at C$47.88 on Monday. BRP has a fifty-two week low of C$24.36 and a fifty-two week high of C$50.00.
In other news, insider Martin Langelier sold 38,775 shares of the business’s stock in a transaction on Thursday, September 21st. The stock was sold at an average price of C$41.00, for a total transaction of C$1,589,775.00. Also, insider Sandy Scullion sold 700 shares of the business’s stock in a transaction on Monday, October 16th. The stock was sold at an average price of C$40.70, for a total value of C$28,490.00. Insiders have sold a total of 39,675 shares of company stock valued at $1,626,205 in the last three months.
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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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