BRP (TSE:DOO – Get Free Report) had its target price dropped by equities researchers at TD Securities from C$95.00 to C$81.00 in a research report issued on Tuesday,BayStreet.CA reports. The firm currently has a “hold” rating on the stock. TD Securities’ target price would suggest a potential upside of 21.68% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the company. DA Davidson dropped their price objective on BRP from C$105.00 to C$96.00 and set a “buy” rating for the company in a research note on Tuesday, September 10th. CIBC cut BRP from an “outperform” rating to a “neutral” rating and dropped their price objective for the company from C$100.00 to C$92.00 in a research note on Monday, September 9th. Stifel Nicolaus dropped their price objective on BRP from C$97.00 to C$82.00 in a research note on Monday, September 9th. Royal Bank of Canada dropped their price objective on BRP from C$108.00 to C$99.00 in a research note on Monday, September 9th. Finally, Citigroup dropped their price objective on BRP from C$110.00 to C$101.00 in a research note on Monday, September 9th. Ten analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of C$93.46.
Read Our Latest Stock Report on BRP
BRP Price Performance
BRP (TSE:DOO – Get Free Report) last announced its quarterly earnings data on Friday, September 6th. The company reported C$0.61 EPS for the quarter, topping analysts’ consensus estimates of C$0.30 by C$0.31. The firm had revenue of C$1.84 billion for the quarter, compared to the consensus estimate of C$1.85 billion. BRP had a return on equity of 37.60% and a net margin of 2.77%. On average, sell-side analysts expect that BRP will post 6.890971 EPS for the current fiscal year.
BRP Company Profile
BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and marine products in the United States, Canada, Europe, the Asia Pacific, Mexico, Austria, and internationally. The Powersports segment offers year-round products, such as Can-Am all-terrain vehicles, side-by-side vehicles, and three-wheeled vehicles; and seasonal products, including Ski-Doo and Lynx snowmobiles, Sea-Doo personal watercrafts and pontoons, Rotax engines for karts and recreational aircraft, and Pinion gearboxes with smart shift systems.
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