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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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.
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