BRP Inc. (TSE:DOO) Given Average Rating of “Hold” by Brokerages

BRP Inc. (TSE:DOO) has received a consensus rating of “Hold” from the twelve analysts that are covering the firm, Marketbeat.com reports. Nine equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is C$89.83.

DOO has been the topic of several recent analyst reports. Royal Bank of Canada dropped their target price on shares of BRP from C$108.00 to C$99.00 in a report on Monday, September 9th. Cibc World Mkts cut BRP from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 9th. National Bankshares lowered their target price on BRP from C$93.00 to C$84.00 in a report on Thursday, November 21st. Citigroup cut their price target on BRP from C$101.00 to C$90.00 and set a “buy” rating for the company in a report on Monday, December 9th. Finally, Desjardins downgraded shares of BRP from a “moderate buy” rating to a “hold” rating in a research note on Sunday, September 8th.

BRP Stock Up 2.0 %

DOO opened at C$73.76 on Monday. BRP has a twelve month low of C$65.32 and a twelve month high of C$102.46. 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 business has a 50 day moving average price of C$70.66 and a 200 day moving average price of C$81.61. The firm has a market cap of C$2.54 billion, a P/E ratio of 22.35, a price-to-earnings-growth ratio of 2.05 and a beta of 2.28.

BRP Company Profile

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.