BRP (TSE:DOO) had its target price raised by National Bank Financial from C$49.00 to C$52.00 in a report released on Monday morning. They currently have an outperform rating on the stock.

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.

The firm also recently declared a Not Available dividend, which will be paid on Friday, January 12th. Stockholders of record on Friday, December 29th will be issued a dividend of $0.08 per share. The ex-dividend date of this dividend is Thursday, December 28th. BRP’s dividend payout ratio (DPR) is currently 7.65%.

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.

Analyst Recommendations for BRP (TSE:DOO)

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