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.
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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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