Desjardins Thinks BRP Inc’s Stock is Going to Recover
According to The Fly, desjardins analyst Benoit Poirier maintained a Buy rating on BRP Inc (DOOO) today. The company’s shares opened today at $33.73, close to its 52-week low of $30.23.
According to TipRanks.com, Poirier is ranked #258 out of 5134 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for BRP Inc with a $55.50 average price target, a 64.5% upside from current levels. In a report issued on November 27, National Bank also maintained a Buy rating on the stock.
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BRP Inc’s market cap is currently $3.46B and has a P/E ratio of 16.67. The company has a Price to Book ratio of -11.14.
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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.