BRP Inc. (TSE:DOO) Receives C$86.08 Consensus Target Price from Analysts

BRP Inc. (TSE:DOO) has been given an average rating of “Hold” by the twelve analysts that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating on the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is C$81.85.

A number of brokerages have weighed in on DOO. Scotiabank decreased their price objective on shares of BRP from C$91.00 to C$86.00 and set a “sector perform” rating for the company in a research report on Monday, December 9th. Raymond James reduced their price target on BRP from C$100.00 to C$98.00 in a report on Monday, December 9th. Stifel Nicolaus dropped their price objective 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. National Bankshares reduced their target price on BRP from C$84.00 to C$72.00 and set a “sector perform” rating for the company in a research note on Tuesday, February 25th. Finally, TD Securities dropped their price target on shares of BRP from C$83.00 to C$70.00 and set a “hold” rating on the stock in a research note on Tuesday, March 11th.

BRP Price Performance

TSE:DOO opened at C$52.78 on Friday. The company has a debt-to-equity ratio of 573.79, a current ratio of 1.37 and a quick ratio of 0.20. The company has a 50 day moving average price of C$63.44 and a 200-day moving average price of C$71.45. BRP has a 1-year low of C$52.00 and a 1-year high of C$102.46. The firm has a market cap of C$3.88 billion, a price-to-earnings ratio of 19.89, 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.