BRP Inc (DOO) Upgraded at UBS AG
UBS AG upgraded shares of BRP Inc (TSE:DOO) from a neutral rating to a buy rating in a research report report published on Saturday morning, www.baystreet.ca reports. UBS AG currently has C$47.00 price objective on the stock, up from their prior price objective of C$40.00.
Several other brokerages have also commented on DOO. National Bank Financial upped their price target on 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 reaffirmed an outperform rating and issued a C$43.00 price target on shares of BRP in a research note on Monday, August 21st. BMO Capital Markets reaffirmed an outperform rating and issued a C$46.00 price target on shares of BRP in a research note on Tuesday, September 5th. Scotiabank upped their price target on BRP from C$41.00 to C$46.00 and gave the company an outperform rating in a research note on Tuesday, September 5th. Finally, Desjardins upped their price target on BRP from C$44.00 to C$46.00 and gave the company a buy rating in a research note on Wednesday, July 19th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. The company presently has an average rating of Buy and an average price target of C$44.25.
Shares of BRP (TSE:DOO) opened at 45.04 on Friday. The stock’s 50 day moving average price is $40.76 and its 200 day moving average price is $35.74. The company has a market capitalization of $4.65 billion and a P/E ratio of 17.02. BRP has a 52-week low of $22.20 and a 52-week high of $45.68.
COPYRIGHT VIOLATION NOTICE: This report was first posted by Daily Political and is the property of of Daily Political. If you are accessing this report on another publication, it was copied illegally and reposted in violation of U.S. & international copyright and trademark laws. The legal version of this report can be read at https://www.dailypolitical.com/2017/09/25/brp-inc-doo-upgraded-at-ubs-ag.html.
In related news, insider Breton Anne Le sold 5,000 shares of the stock in a transaction dated Monday, July 10th. The stock was sold at an average price of C$39.00, for a total transaction of C$195,000.00. Also, insider Martin Langelier sold 38,775 shares of the 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. In the last three months, insiders have sold 45,075 shares of company stock worth $1,836,265.
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.
Receive News & Ratings for BRP Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BRP Inc and related companies with MarketBeat.com's FREE daily email newsletter.