Several analysts have recently updated their ratings and price targets for BRP (TSE: DOO):
- 6/7/2022 – BRP had its price target lowered by analysts at DA Davidson from C$134.00 to C$122.00. They now have a “buy” rating on the stock.
- 6/6/2022 – BRP had its price target raised by analysts at CIBC from C$124.00 to C$125.00. They now have an “outperform” rating on the stock.
- 6/6/2022 – BRP had its price target lowered by analysts at Royal Bank of Canada from C$128.00 to C$111.00. They now have an “outperform” rating on the stock.
- 6/6/2022 – BRP had its “buy” rating reaffirmed by analysts at Desjardins.
- 6/6/2022 – BRP had its price target lowered by analysts at Raymond James from C$146.00 to C$135.00.
- 6/6/2022 – BRP had its price target lowered by analysts at Scotiabank from C$133.00 to C$126.00.
- 6/6/2022 – BRP had its price target lowered by analysts at Stifel Nicolaus from C$150.00 to C$145.00.
- 5/17/2022 – BRP was downgraded by analysts at Northcoast Research from a “buy” rating to a “neutral” rating.
- 5/5/2022 – BRP had its “buy” rating reaffirmed by analysts at DA Davidson. They now have a C$134.00 price target on the stock.
Shares of DOO stock opened at C$80.14 on Friday. The stock has a fifty day moving average of C$97.54 and a 200 day moving average of C$98.26. BRP Inc. has a 52 week low of C$73.74 and a 52 week high of C$129.98. The firm has a market capitalization of C$6.31 billion and a price-to-earnings ratio of 10.05.
BRP (TSE:DOO – Get Rating) last announced its quarterly earnings data on Friday, June 3rd. The company reported C$1.66 EPS for the quarter, beating the consensus estimate of C$1.07 by C$0.59. The firm had revenue of C$1.81 billion for the quarter, compared to analysts’ expectations of C$1.83 billion. As a group, research analysts predict that BRP Inc. will post 12.071107 EPS for the current year.
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 14th. Shareholders of record on Thursday, June 30th will be given a dividend of $0.16 per share. This represents a $0.64 annualized dividend and a yield of 0.80%. The ex-dividend date of this dividend is Wednesday, June 29th. BRP’s dividend payout ratio is currently 6.90%.
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 company operates through two segments, Powersports and Marine. It offers all-terrain, side-by-side, and three-wheeled vehicles; seasonal products, such as snowmobiles and personal watercraft; and engines for jet boats, outboards, karts, motorcycles, and recreational aircraft.
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