BRP Inc. (TSE:DOO) Receives C$89.83 Average PT from Brokerages

Shares of BRP Inc. (TSE:DOO) have earned a consensus rating of “Hold” from the twelve brokerages that are presently covering the company, Marketbeat.com reports. Nine research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is C$89.83.

DOO has been the topic of a number of recent research reports. CIBC cut their target price on shares of BRP from C$92.00 to C$82.00 and set a “neutral” rating on the stock in a report on Monday, December 9th. Stifel Nicolaus cut their price target on BRP from C$82.00 to C$78.00 and set a “hold” rating on the stock in a report on Monday, December 9th. Citigroup lowered their price objective on BRP from C$101.00 to C$90.00 and set a “buy” rating for the company in a research note on Monday, December 9th. DA Davidson cut their target price on BRP from C$96.00 to C$88.00 in a research note on Tuesday, December 10th. Finally, National Bankshares reduced their price target on shares of BRP from C$93.00 to C$84.00 in a report on Thursday, November 21st.

BRP Stock Down 1.2 %

Shares of TSE:DOO opened at C$75.80 on Friday. BRP has a 1-year low of C$65.32 and a 1-year high of C$102.46. The company’s fifty day moving average is C$72.59 and its two-hundred day moving average is C$80.46. The company has a debt-to-equity ratio of 545.75, a quick ratio of 0.20 and a current ratio of 1.32. The stock has a market capitalization of C$2.61 billion, a price-to-earnings ratio of 22.97, a price-to-earnings-growth ratio of 2.05 and a beta of 2.28.

About BRP

BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and marine products in the United States, Canada, Europe, the Asia Pacific, Mexico, Austria, and internationally. The Powersports segment offers year-round products, such as Can-Am all-terrain vehicles, side-by-side vehicles, and three-wheeled vehicles; and seasonal products, including Ski-Doo and Lynx snowmobiles, Sea-Doo personal watercrafts and pontoons, Rotax engines for karts and recreational aircraft, and Pinion gearboxes with smart shift systems.