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Scotia Capital covered BRP Inc (TSE:DOO), raising its target price to $29.00 today

Stating as potential upside of 0.10%, Scotia Capital upped the price target of BRP Inc (TSE:DOO) to $29.00

Having a price of $26.31, BRP Inc (TSE:DOO) traded 0.08% higher on the day. With the last close up 25.25% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. BRP Inc has recorded a 50-day average of $24.25 and a two hundred day average of $20.99. Volume of trade was down over the average, with 36,056 shares of DOO changing hands under the typical 83,916

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With a total market value of $0, BRP Inc has price-earnings ratio of 38.44 with a one year low of $13.87 and a one year high of $27.30 .

A total of 11 analysts have released a report on BRP Inc. Four analysts rating the company a strong buy, seven analysts rating the company a buy, one analyst rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $20.36.

More About BRP Inc (TSE:DOO)

BRP Inc. is engaged in the design, development, manufacturing, distribution and marketing of power sports vehicles and propulsion systems. The Company manufactures and sells Year-Round Products consisting of all-terrain vehicles (ATVs), side-by-side vehicles (SSVs) and roadsters; Seasonal Products consisting of snowmobiles and personal watercrafts (PWCs), and Propulsion Products consisting of engines for outboard and jet boats, karts, motorcycles and recreational aircraft. The Company's diversified portfolio of brands and products includes Can-Am ATVs, SSVs and roadsters, Ski-Doo and Lynx snowmobiles, Sea-Doo PWCs, and propulsion systems consisting of Evinrude outboard boat engines and Rotax engines for jet boats, karts, motorcycles and recreational aircraft. Additionally, the Company supports its line of products with a parts, accessories and clothing (PAC) business. Its products are sold through a network of dealers, distributors and to original equipment manufacturers.

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