Shares of BRP Inc (NASDAQ:DOOO) have been given a consensus broker rating score of 2.00 (Buy) from the seven analysts that cover the company, Zacks Investment Research reports. Three research analysts have rated the stock with a hold rating, one has given a buy rating and three have assigned a strong buy rating to the company.
Brokerages have set a 12 month consensus target price of $53.48 for the company and are predicting that the company will post $0.75 earnings per share for the current quarter, according to Zacks. Zacks has also assigned BRP an industry rank of 227 out of 257 based on the ratings given to its competitors.
A number of equities research analysts have recently issued reports on DOOO shares. Desjardins reaffirmed a “buy” rating on shares of BRP in a report on Tuesday, October 9th. UBS Group started coverage on shares of BRP in a report on Tuesday, October 9th. They set a “buy” rating for the company. Robert W. Baird started coverage on shares of BRP in a report on Tuesday, October 9th. They set an “outperform” rating for the company. National Bank Financial raised shares of BRP from a “sector perform overweight” rating to an “outperform overweight” rating in a report on Tuesday, October 9th. Finally, Royal Bank of Canada raised shares of BRP from a “sector perform” rating to an “outperform” rating in a report on Tuesday, October 9th.
Shares of BRP stock traded up $0.47 during trading hours on Friday, reaching $37.97. 4,857 shares of the company’s stock were exchanged, compared to its average volume of 37,232. BRP has a 1 year low of $33.58 and a 1 year high of $55.41.
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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