CLARET ASSET MANAGEMENT Corp Acquires New Holdings in BRP Inc (NASDAQ:DOOO)

CLARET ASSET MANAGEMENT Corp purchased a new stake in BRP Inc (NASDAQ:DOOO) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 6,391 shares of the company’s stock, valued at approximately $300,000.

Separately, ARP Americas LP bought a new stake in shares of BRP during the 3rd quarter valued at about $320,000. Institutional investors own 15.40% of the company’s stock.

Several equities research analysts recently commented on DOOO shares. Desjardins restated a “buy” rating on shares of BRP in a research report on Tuesday, October 9th. UBS Group assumed coverage on BRP in a research note on Tuesday, October 9th. They set a “buy” rating on the stock. Royal Bank of Canada raised BRP from a “sector perform” rating to an “outperform” rating in a research note on Tuesday, October 9th. Robert W. Baird assumed coverage on BRP in a research note on Tuesday, October 9th. They set an “outperform” rating on the stock. Finally, National Bank Financial raised BRP from a “sector perform overweight” rating to an “outperform overweight” rating in a research note on Tuesday, October 9th. Four investment analysts have rated the stock with a buy rating, The company has a consensus rating of “Buy”.

Shares of BRP stock traded up $1.79 on Thursday, hitting $33.60. The company had a trading volume of 83,237 shares, compared to its average volume of 29,309. BRP Inc has a 1 year low of $30.81 and a 1 year high of $55.41.

ILLEGAL ACTIVITY WARNING: This article was originally published by Enterprise Leader and is the property of of Enterprise Leader. If you are viewing this article on another publication, it was illegally stolen and republished in violation of U.S. and international trademark and copyright legislation. The original version of this article can be accessed at https://theenterpriseleader.com/2018/11/22/claret-asset-management-corp-purchases-shares-of-6391-brp-inc-dooo.html.

BRP Profile

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.

Featured Article: How are institutional investors different from individual investors?

Institutional Ownership by Quarter for BRP (NASDAQ:DOOO)

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