Robert W. Baird started coverage on shares of BRP (NASDAQ:DOOO) in a research note published on Tuesday morning, MarketBeat Ratings reports. The firm issued an outperform rating on the stock.

Separately, UBS Group initiated coverage on shares of BRP in a research note on Tuesday. They set a buy rating on the stock.

NASDAQ DOOO opened at $43.65 on Tuesday. BRP has a 12 month low of $31.70 and a 12 month high of $55.41.

A hedge fund recently bought a new stake in BRP stock. Bank of Montreal Can acquired a new stake in shares of BRP Inc (NASDAQ:DOOO) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 847,217 shares of the company’s stock, valued at approximately $39,716,000. Bank of Montreal Can owned 0.87% of BRP at the end of the most recent reporting period.

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.

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