Published On: Tue, Sep 13th, 2016

BRP Inc (DOO) Given a C$30.00 Price Target at BMO Capital Markets

BRP Inc (TSE:DOO) has been given a C$30.00 price target by investment analysts at BMO Capital Markets in a report issued on Monday. The firm presently has a a “market perform” rating on the stock. BMO Capital Markets’ price objective would suggest a potential upside of 19.81% from the stock’s current price.
A number of other analysts also recently weighed in on the stock. Scotiabank reissued an “outperform” rating and set a C$28.00 target price on shares of BRP in a research report on Thursday, August 18th. Desjardins raised their price objective on shares of BRP from C$28.00 to C$29.00 and gave the stock a “buy” rating in a research report on Friday, June 10th. Royal Bank Of Canada raised their price objective on shares of BRP from C$28.00 to C$30.00 and gave the stock an “outperform” rating in a research report on Monday. Finally, RBC Capital Markets raised their price objective on shares of BRP from C$27.00 to C$28.00 and gave the stock an “outperform” rating in a research report on Friday, September 2nd. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of C$29.25.
BRP (TSE:DOO) traded down 0.67% during mid-day trading on Monday, reaching $25.04. 129,409 shares of the company’s stock traded hands. BRP has a 12 month low of $13.87 and a 12 month high of $27.60. The company has a 50 day moving average price of $23.08 and a 200-day moving average price of $20.45. The stock has a market cap of $2.85 billion and a P/E ratio of 37.15.

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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.

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