BRP (DOOO) Upgraded at Royal Bank of Canada

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.

About BRP

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.

Read More: Momentum Indicator: Relative Strength Index

The Fly

Receive News & Ratings for BRP Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BRP and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply