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


In a latest note to investors, a research analyst has provided a rating update for the Consumer Goods sector company, BRP Inc. SV (DOO). Analyst Benoit Poirier from Desjardins rated BRP Inc. SV (DOO) a Buy today, setting a C$65 price target.

Poirier has an average return of 36.0% when recommending BRP Inc. SV.

According to TipRanks.com, Poirier is ranked #386 out of 5246 analysts.

BRP Inc. SV has an analyst consensus of Strong Buy, with a price target consensus of C$54.33, representing a 51.4% upside. In a report released today, UBS also maintained a Buy rating on the stock.

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BRP Inc. SV’s market cap is currently C$3.46B and has a P/E ratio of 14.4. The company has a Price to Book ratio of -8.96.

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 Monday at C$35.88, close to its 52-week low of C$32.36.

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