BRP (NASDAQ:DOOO) was upgraded by stock analysts at Royal Bank of Canada from a “sector perform” rating to an “outperform” rating in a research report issued on Tuesday, The Fly reports.
Several other analysts have also issued reports on the company. Robert W. Baird started coverage on BRP in a research note on Tuesday. They issued an “outperform” rating for the company. UBS Group started coverage on BRP in a research note on Tuesday. They issued a “buy” rating for the company.
Shares of NASDAQ DOOO traded down $0.18 during midday trading on Tuesday, hitting $41.72. 5,345 shares of the company’s stock were exchanged.
BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and propulsion systems worldwide. The company offers all-terrain, side-by-side, and spyder vehicles; seasonal products consisting of snowmobiles and personal watercraft; and propulsion systems comprising engines for outboard and jet boats, karts, motorcycles, and recreational aircrafts.
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