BRP Inc (DOO) PT Raised to C$44.00 at Desjardins

BRP Inc (TSE:DOO) had its target price hoisted by Desjardins from C$35.00 to C$44.00 in a research note released on Friday morning. The firm currently has a buy rating on the stock.

DOO has been the topic of several other reports. Royal Bank of Canada boosted their target price on BRP from C$34.00 to C$36.00 and gave the company an outperform rating in a research note on Friday, May 26th. Scotiabank boosted their target price on BRP from C$32.00 to C$33.00 and gave the company an outperform rating in a research note on Tuesday, March 28th. BMO Capital Markets reissued an outperform rating and set a C$38.00 target price on shares of BRP in a research note on Monday, March 27th. CIBC boosted their target price on BRP from C$33.00 to C$34.00 in a research note on Monday, March 27th. Finally, Northcoast Research reissued a buy rating on shares of BRP in a research note on Friday, March 17th. Five investment analysts have rated the stock with a buy rating, The company presently has an average rating of Buy and an average price target of C$39.29.

BRP (DOO) opened at 36.75 on Friday. BRP has a 12-month low of $19.35 and a 12-month high of $38.45. The company has a market capitalization of $4.11 billion and a PE ratio of 16.19. The firm’s 50 day moving average price is $33.13 and its 200-day moving average price is $28.85.

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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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “TSX:DOO”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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