BRP (DOO) PT Set at C$71.00 by National Bank Financial
BRP (TSE:DOO) has been assigned a C$71.00 price objective by investment analysts at National Bank Financial in a report released on Wednesday. The firm currently has a “sector perform” rating on the stock. National Bank Financial’s price target would suggest a potential upside of 15.30% from the stock’s current price.
Other equities analysts also recently issued reports about the stock. UBS Group boosted their target price on shares of BRP from C$54.00 to C$63.00 in a report on Friday, May 25th. BMO Capital Markets boosted their target price on shares of BRP from C$70.00 to C$76.00 and gave the stock an “outperform” rating in a report on Tuesday, September 4th. CIBC upped their price objective on shares of BRP from C$69.00 to C$79.00 in a report on Friday, August 31st. Finally, Royal Bank of Canada upped their price objective on shares of BRP from C$55.00 to C$61.00 and gave the company a “sector perform” rating in a report on Friday, June 1st. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of C$65.00.
Shares of DOO opened at C$61.58 on Wednesday. BRP has a 1-year low of C$38.94 and a 1-year high of C$74.67.
In other news, insider Martin Langelier sold 13,850 shares of the business’s stock in a transaction dated Thursday, July 12th. The shares were sold at an average price of C$65.25, for a total value of C$903,712.50.
BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and propulsion systems worldwide. The company offers all-terrain, side-by-side, and spyder vehicles; seasonal products consisting of snowmobiles and personal watercraft; and propulsion systems comprising engines for outboard and jet boats, karts, motorcycles, and recreational aircrafts.
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