TipRanksStock Market NewsPII NewsPolaris (PII) Gets a Buy Rating from BMO Capital

Polaris (PII) Gets a Buy Rating from BMO Capital

In a report released today, Gerrick Johnson from BMO Capital maintained a Buy rating on Polaris (PIIResearch Report), with a price target of $138.00. The company’s shares closed last Monday at $113.55.

According to TipRanks.com, Johnson is a 3-star analyst with an average return of 2.0% and a 45.5% success rate. Johnson covers the Consumer Goods sector, focusing on stocks such as Camping World Holdings, Winnebago Industries, and Activision Blizzard.

Polaris has an analyst consensus of Moderate Buy, with a price target consensus of $126.50.

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Based on Polaris’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.96 billion and net profit of $69.9 million. In comparison, last year the company earned revenue of $1.95 billion and had a net profit of $134 million.

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Polaris Inc. engages in designing, engineering, and manufacturing powersports vehicles. The company was founded by Allen Hetteen, Edgar E. Hetteen, and David Johnson in 1954 and is headquartered in Medina, MN.

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