CIBC Thinks BRP Inc. SV’s Stock is Going to Recover


BRP Inc. SV (DOO), the Consumer Goods sector company, was revisited by a Wall Street analyst yesterday. The company received a Buy rating from CIBC’s analyst Mark Petrie, with a C$51 price target.

Petrie has an average return of 15.9% when recommending BRP Inc. SV.

According to TipRanks.com, Petrie is ranked #379 out of 5224 analysts.

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BRP Inc. SV has an analyst consensus of Strong Buy, with a price target consensus of C$59.60.

The company has a one-year high of C$74.67 and a one-year low of C$32.36. Currently, BRP Inc. SV has an average volume of 281.1K.

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$39.07, close to its 52-week low of C$32.36.

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