BRP (TSE:DOO) had its price objective trimmed by National Bank Financial from C$65.00 to C$38.00 in a research note issued to investors on Monday, BayStreet.CA reports. The firm currently has a sector perform rating on the stock.
A number of other research analysts have also commented on DOO. Citigroup upped their target price on BRP from C$71.00 to C$73.00 in a research note on Wednesday, December 4th. UBS Group upped their target price on BRP from C$60.00 to C$74.00 in a research note on Friday, November 29th. TD Securities lowered BRP from a buy rating to a hold rating and cut their target price for the company from C$74.00 to C$30.00 in a research note on Monday. Canaccord Genuity dropped their price objective on BRP from C$80.00 to C$40.00 in a research note on Monday. Finally, Northcoast Research lowered BRP from a buy rating to a neutral rating in a research note on Friday, February 21st. Six analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of C$46.20.
Shares of TSE DOO opened at C$23.01 on Monday. The business has a fifty day simple moving average of C$53.73 and a 200 day simple moving average of C$57.44. The firm has a market capitalization of $1.83 billion and a price-to-earnings ratio of 6.56. BRP has a one year low of C$18.56 and a one year high of C$75.37.
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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