Canaccord Genuity Sticks to Their Buy Rating for BRP Inc. SV (DOO)
In a latest note to investors, a research analyst has provided a rating update for the Consumer Goods sector company, BRP Inc. SV (DOO). Canaccord Genuity’s analyst Derek Dley reiterates their Buy rating on the shares, with a C$73 price target.
Dley has an average return of 42.1% when recommending BRP Inc. SV.
According to TipRanks.com, Dley is ranked #817 out of 5130 analysts.
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The word on The Street in general, suggests a Strong Buy analyst consensus rating for BRP Inc. SV with a C$72 average price target, representing a 52.1% upside. In a report issued on November 27, National Bank also maintained a Buy rating on the stock with a C$63 price target.
BRP Inc. SV’s market cap is currently C$4.6B and has a P/E ratio of 19.8. The company has a Price to Book ratio of -10.19.
BRP, Inc. is a holding company, which engages in the design, development, manufacture, distribution, and marketing of power sports vehicles and marine products. Its brands include Ski-Doo, Lynx, Sea-Doo, Evinrude, Rotax, Can-Am, and Alumacraft. The company was founded on May 1, 2003 and is headquartered in Valcourt, Canada.
The company’s shares closed on Friday at C$47.34.