BRP (TSE:DOO) had its target price reduced by National Bank Financial from C$65.00 to C$38.00 in a report issued on Monday morning, BayStreet.CA reports. National Bank Financial currently has a sector perform rating on the stock.
Several other research analysts also recently commented on the stock. Citigroup lifted their price target on shares of BRP from C$71.00 to C$73.00 in a research note on Wednesday, December 4th. CIBC downgraded shares of BRP from an outperform rating to a neutral rating and decreased their price target for the stock from C$70.00 to C$28.00 in a research note on Monday. Canaccord Genuity decreased their price target on shares of BRP from C$80.00 to C$40.00 in a research note on Monday. BMO Capital Markets downgraded shares of BRP from an outperform rating to a market perform rating and decreased their price target for the stock from C$72.00 to C$26.00 in a research note on Monday. Finally, UBS Group lifted their price target on shares of BRP from C$60.00 to C$74.00 in a research note on Friday, November 29th. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. The stock has a consensus rating of Hold and a consensus price target of C$46.20.
DOO stock opened at C$26.28 on Monday. The company has a market capitalization of $1.83 billion and a PE ratio of 7.50. BRP has a one year low of C$18.56 and a one year high of C$75.37. The company’s 50 day moving average price is C$53.73 and its two-hundred day moving average price is C$57.44.
BRP (TSE:DOO) last posted its quarterly earnings results on Friday, March 20th. The company reported C$1.12 EPS for the quarter, topping the consensus estimate of C$1.06 by C$0.06. The business had revenue of C$1.62 billion for the quarter, compared to analysts’ expectations of C$1.52 billion. As a group, equities analysts forecast that BRP will post 4.3000004 EPS for the current fiscal year.
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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