BRP Inc (NASDAQ:DOOO) has earned a consensus broker rating score of 2.00 (Buy) from the seven analysts that provide coverage for the stock, Zacks Investment Research reports. Three investment analysts have rated the stock with a hold recommendation, one has given a buy recommendation and three have assigned a strong buy recommendation to the company.

Brokerages have set a 1-year consensus price target of $53.48 for the company and are forecasting that the company will post $0.75 EPS for the current quarter, according to Zacks. Zacks has also assigned BRP an industry rank of 216 out of 257 based on the ratings given to its competitors.

A number of equities analysts have recently weighed in on DOOO shares. Royal Bank of Canada raised shares of BRP from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, October 9th. National Bank Financial raised shares of BRP from a “sector perform overweight” rating to an “outperform overweight” rating in a research note on Tuesday, October 9th. UBS Group started coverage on shares of BRP in a research note on Tuesday, October 9th. They issued a “buy” rating on the stock. Robert W. Baird started coverage on shares of BRP in a research note on Tuesday, October 9th. They issued an “outperform” rating on the stock. Finally, Desjardins reaffirmed a “buy” rating on shares of BRP in a research note on Tuesday, October 9th.

NASDAQ DOOO opened at $38.54 on Friday. BRP has a 1-year low of $33.58 and a 1-year high of $55.41.

A number of large investors have recently modified their holdings of DOOO. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in BRP in the third quarter worth $100,000. Bank of New York Mellon Corp bought a new stake in BRP in the third quarter worth $300,000. CLARET ASSET MANAGEMENT Corp bought a new stake in BRP in the third quarter worth $300,000. ARP Americas LP bought a new stake in BRP in the third quarter worth $320,000. Finally, Signition LP bought a new stake in BRP in the third quarter worth $567,000. Hedge funds and other institutional investors own 1.14% of the company’s stock.

BRP Company Profile

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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