Insider Selling: BRP Inc (DOO) Insider Sells 500 Shares of Stock

BRP Inc (TSE:DOO) insider Sébastien Martel sold 500 shares of the firm’s stock in a transaction dated Friday, December 15th. The stock was sold at an average price of C$50.00, for a total value of C$25,000.00.

Shares of BRP Inc (TSE DOO) traded down C$0.75 during mid-day trading on Friday, hitting C$47.65. The company’s stock had a trading volume of 583,469 shares, compared to its average volume of 114,684. BRP Inc has a one year low of C$25.32 and a one year high of C$50.05.

The business also recently announced a Not Available dividend, which will be paid on Friday, January 12th. Shareholders of record on Friday, December 29th will be paid a $0.08 dividend. The ex-dividend date is Thursday, December 28th. BRP’s dividend payout ratio (DPR) is currently 7.54%.

Several research analysts have commented on DOO shares. Canaccord Genuity lifted their price target on BRP from C$51.00 to C$56.00 in a research report on Monday, December 4th. CIBC lifted their price target on BRP from C$46.00 to C$54.00 in a research report on Monday, December 4th. Desjardins lifted their price target on BRP from C$46.00 to C$54.00 in a research report on Monday, December 4th. Citigroup lifted their price target on BRP from C$46.00 to C$58.00 in a research report on Monday. Finally, UBS raised BRP from a “neutral” rating to a “buy” rating and lifted their price target for the stock from C$40.00 to C$47.00 in a research report on Saturday, September 23rd. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company currently has an average rating of “Buy” and an average price target of C$53.11.

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About BRP

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.

Insider Buying and Selling by Quarter for BRP (TSE:DOO)

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