Today: 27 March 2026
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MOEX:ACRN 7 March 2026

Moscow Exchange Last Week: MOEX Gains 2% as Oil Rally Lifts Russian Stocks

Moscow Exchange Last Week: MOEX Gains 2% as Oil Rally Lifts Russian Stocks

The MOEX Russia Index rose 2% to 2,854.11 last week, while the dollar-based RTS slipped 0.5% as Brent crude surged 27% to $92.69 a barrel amid disruptions in the Strait of Hormuz. Russian energy stocks led gains, with Sovcomflot up 7.8% and Rosneft 4.9%. The official dollar rate climbed to 79.15 roubles. Moscow Exchange reported 41 million brokerage accounts by year-end 2025.

Stock Market Today

  • Ci Capital Lowers BRP Stock Price Target Amid Mixed Analyst Ratings
    March 27, 2026, 3:14 PM EDT. BRP (TSE:DOO) saw its price target cut by Ci Capital from C$128.00 to C$119.00, although retaining a "buy" rating, signaling a potential 29% upside. Other analysts offered mixed views; Wells Fargo, Scotiabank, Desjardins, Citigroup, and BMO Capital Markets raised their price targets to between C$110.00 and C$130.00, with ratings ranging from "sector perform" to "buy." The stock closed at C$92.20, below the average target of C$116.29. BRP reported quarterly earnings of C$2.21 per share, with revenue of C$2.46 billion and slim net margins. The company's portfolio includes recreational vehicles under Ski-Doo, Sea-Doo, and Can-Am brands. Market sentiment remains cautiously optimistic with a "moderate buy" consensus, as BRP navigates a competitive market and structural challenges.
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