BRP (DOO) – Analysts’ Recent Ratings Changes

Several analysts have recently updated their ratings and price targets for BRP (TSE: DOO):

  • 6/5/2019 – BRP had its price target raised by analysts at Citigroup Inc from C$45.00 to C$49.00.
  • 6/3/2019 – BRP had its price target raised by analysts at National Bank Financial from C$48.00 to C$49.00. They now have an “outperform” rating on the stock.
  • 5/31/2019 – BRP had its price target raised by analysts at TD Securities from C$46.00 to C$47.00. They now have a “hold” rating on the stock.
  • 5/31/2019 – BRP had its price target raised by analysts at CIBC from C$50.00 to C$52.00.
  • 4/24/2019 – BRP had its “neutral” rating reaffirmed by analysts at Goldman Sachs Group Inc. They now have a C$47.00 price target on the stock.

Shares of TSE DOO opened at C$45.75 on Tuesday. BRP Inc has a twelve month low of C$32.36 and a twelve month high of C$74.67. The business has a 50 day simple moving average of C$40.72. The stock has a market cap of $4.44 billion and a P/E ratio of 18.93.

BRP (TSE:DOO) last announced its earnings results on Thursday, May 30th. The company reported C$0.54 earnings per share for the quarter, topping analysts’ consensus estimates of C$0.51 by C$0.03. The business had revenue of C$1.33 billion during the quarter, compared to analysts’ expectations of C$1.26 billion. As a group, research analysts anticipate that BRP Inc will post 4.0400001 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 12th. Stockholders of record on Friday, July 12th will be paid a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a dividend yield of 0.87%. The ex-dividend date of this dividend is Thursday, June 27th. This is an increase from BRP’s previous quarterly dividend of $0.09. BRP’s payout ratio is presently 14.89%.

BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersport vehicles and marine products worldwide. It operates through two segments, Powersports and Marine. The company offers all-terrain, side-by-side, and three-wheeled vehicles; seasonal products consisting of snowmobiles and personal watercraft; and propulsion systems comprising engines for outboard and jet boats, karts, motorcycles, and recreational aircraft.

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