BRP Inc. (TSE:DOO) Receives C$89.83 Consensus Target Price from Analysts

BRP Inc. (TSE:DOO) has been assigned a consensus recommendation of “Hold” from the twelve analysts that are currently covering the company, MarketBeat Ratings reports. Nine equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is C$89.83.

DOO has been the topic of a number of recent research reports. Canaccord Genuity Group cut their price objective on BRP from C$88.00 to C$80.00 in a research report on Wednesday, November 27th. DA Davidson dropped their target price on BRP from C$96.00 to C$88.00 in a report on Tuesday, December 10th. National Bankshares dropped their target price on BRP from C$93.00 to C$84.00 in a report on Thursday, November 21st. Scotiabank dropped their target price on BRP from C$91.00 to C$86.00 and set a “sector perform” rating on the stock in a report on Monday, December 9th. Finally, Stifel Nicolaus decreased their price objective on shares of BRP from C$82.00 to C$78.00 and set a “hold” rating for the company in a research note on Monday, December 9th.

BRP Stock Down 4.1 %

BRP stock opened at C$72.73 on Friday. BRP has a twelve month low of C$65.32 and a twelve month high of C$102.46. The stock’s fifty day simple moving average is C$72.85 and its 200-day simple moving average is C$80.32. The company has a current ratio of 1.32, a quick ratio of 0.20 and a debt-to-equity ratio of 545.75. The firm has a market capitalization of C$2.51 billion, a P/E ratio of 22.04, a P/E/G 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.