BRP Inc. (DOO.TO) (TSE:DOO) had its price target increased by research analysts at National Bank Financial to C$102.00 in a research note issued to investors on Tuesday, Stock Target Advisor reports. The brokerage currently has an "outperform" rating on the stock. National Bank Financial's price target indicates a potential upside of 14.71% from the company's previous close.
Several other brokerages have also weighed in on DOO. TD Securities reaffirmed an "action list buy" rating on shares of BRP Inc. (DOO.TO) in a research report on Monday, January 18th. BMO Capital Markets upped their price target on shares of BRP Inc. (DOO.TO) from C$70.00 to C$75.00 in a research report on Thursday, November 26th. UBS Group lifted their price objective on shares of BRP Inc. (DOO.TO) from C$82.00 to C$98.00 in a research report on Tuesday, December 15th. CIBC upped their target price on shares of BRP Inc. (DOO.TO) from C$78.00 to C$79.00 in a research report on Thursday, November 26th. Finally, Royal Bank of Canada upgraded shares of BRP Inc. (DOO.TO) from a "sector perform" rating to an "outperform" rating and raised their price target for the company from C$75.00 to C$89.00 in a research note on Thursday, November 26th. Two analysts have rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of "Buy" and a consensus price target of C$86.14.
Shares of TSE:DOO traded down C$0.82 on Tuesday, reaching C$88.92. 103,368 shares of the company's stock were exchanged, compared to its average volume of 230,478. The business's 50-day moving average is C$88.95 and its two-hundred day moving average is C$76.76. BRP Inc. has a fifty-two week low of C$18.56 and a fifty-two week high of C$99.23. The firm has a market capitalization of C$7.82 billion and a price-to-earnings ratio of 36.34.
BRP Inc. (DOO.TO) (TSE:DOO) last announced its quarterly earnings data on Wednesday, November 25th. The company reported C$2.13 earnings per share for the quarter, beating analysts' consensus estimates of C$1.34 by C$0.79. The business had revenue of C$1.67 billion for the quarter, compared to the consensus estimate of C$1.56 billion. Sell-side analysts anticipate that BRP Inc. will post 5.6900004 EPS for the current year.
About BRP Inc. (DOO.TO)
BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersport vehicles and marine products worldwide. It operates through two segments, Powersports and Marine. The company offers all-terrain, side-by-side, and three-wheeled vehicles; seasonal products consisting of snowmobiles and personal watercraft; and propulsion systems comprising engines for outboard and jet boats, karts, motorcycles, and recreational aircraft.
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