It Seems BRP Inc Will Go Down. Have Another Big Decline

 It Seems BRP Inc Will Go Down. Have Another Big Decline

The stock of BRP Inc (TSE:DOO) is a huge mover today! About 19,155 shares traded hands. BRP Inc (TSE:DOO) has risen 27.76% since March 30, 2016 and is uptrending. It has outperformed by 26.54% the S&P500.
The move comes after 6 months negative chart setup for the $2.79 billion company. It was reported on Nov, 3 by Barchart.com. We have $23.66 PT which if reached, will make TSE:DOO worth $167.40 million less.

BRP Inc (TSE:DOO) Ratings Coverage

Out of 4 analysts covering BRP Inc (TSE:DOO), 3 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 75% are positive. $32 is the highest target while $25 is the lowest. The $27.17 average target is 7.95% above today’s ($25.17) stock price. BRP Inc has been the topic of 12 analyst reports since September 4, 2015 according to StockzIntelligence Inc. As per Monday, December 14, the company rating was maintained by RBC Capital Markets. RBC Capital Markets maintained BRP Inc (TSE:DOO) on Thursday, December 3 with “Outperform” rating. The stock of BRP Inc (TSE:DOO) has “Outperform” rating given on Friday, June 10 by Scotia Capital. RBC Capital Markets maintained BRP Inc (TSE:DOO) rating on Friday, June 3. RBC Capital Markets has “Outperform” rating and $27 price target. The firm has “Outperform” rating given on Thursday, August 18 by Scotia Capital.

More recent BRP Inc (TSE:DOO) news were published by: Jsonline.com which released: “BRP Inc. rocks the industry’s boat with new motor” on June 14, 2014. Also Bloomberg.com published the news titled: “TSX Movers: Crescent Point, BRP Inc., Bankers Petroleum” on September 09, 2016. Businesswire.com‘s news article titled: “Arctic Cat Awarded Triple Damages of $46.7 Million in Patent-Infringement …” with publication date: June 14, 2016 was also an interesting one.

BRP Inc. is engaged in the design, development, manufacturing, distribution and marketing of power sports vehicles and propulsion systems. The company has a market cap of $2.79 billion. The Firm makes and sells Year-Round Products consisting of all-terrain vehicles , 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. It has a 37.84 P/E ratio. The Company’s diversified portfolio of brands and products includes Can-Am ATVs, SSVs and roadsters, Ski-Doo and Lynx snowmobiles, Sea-Doo PWCs, and propulsion systems consisting of Evinrude outboard boat engines and Rotax engines for jet boats, karts, motorcycles and recreational aircraft.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment