A number of other equities analysts have also recently commented on the company. Royal Bank Of Canada lifted their price target on BRP from C$43.00 to C$44.00 and gave the stock an outperform rating in a report on Tuesday, September 5th. National Bank Financial lifted their price target on BRP from C$42.00 to C$45.00 and gave the stock an outperform rating in a report on Wednesday, August 16th. UBS AG upgraded BRP from a neutral rating to a buy rating and lifted their price target for the stock from C$40.00 to C$47.00 in a report on Saturday, September 23rd. BMO Capital Markets lifted their price target on BRP from C$46.00 to C$50.00 and gave the stock an outperform rating in a report on Monday, September 25th. Finally, Northcoast Research cut BRP from a buy rating to a neutral rating in a report on Tuesday, June 27th. One analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and a consensus price target of C$44.25.
Shares of BRP (DOO) opened at 39.92 on Wednesday. The company’s 50-day moving average price is $40.93 and its 200 day moving average price is $37.77. The company has a market cap of $4.13 billion and a P/E ratio of 15.08. BRP has a 52 week low of $22.20 and a 52 week high of $45.68.
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In related news, insider Sandy Scullion sold 700 shares of BRP stock in a transaction dated Monday, October 16th. The stock was sold at an average price of C$40.70, for a total transaction of C$28,490.00. Also, insider Martin Langelier sold 38,775 shares of BRP stock in a transaction dated Thursday, September 21st. The stock was sold at an average price of C$41.00, for a total value of C$1,589,775.00. Insiders have sold 39,675 shares of company stock valued at $1,626,205 in the last quarter.
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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