Brokerages Set BRP Inc. (TSE:DOO) PT at C$86.08

Shares of BRP Inc. (TSE:DOO - Get Free Report) have been given an average rating of "Hold" by the twelve ratings firms that are currently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, nine have assigned a hold recommendation and two have assigned a buy recommendation to 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.

Several research analysts have weighed in on DOO shares. DA Davidson lowered their price objective on BRP from C$96.00 to C$88.00 in a research report on Tuesday, December 10th. Raymond James cut their price objective on shares of BRP from C$100.00 to C$98.00 in a report on Monday, December 9th. TD Securities cut their price target on BRP from C$83.00 to C$70.00 and set a "hold" rating for the company in a research note on Tuesday, March 11th. Citigroup lowered BRP from a "neutral" rating to a "sell" rating and lowered their price objective for the stock from C$70.00 to C$41.00 in a research note on Thursday. Finally, Canaccord Genuity Group cut their target price on BRP from C$88.00 to C$80.00 in a research report on Wednesday, November 27th.

BRP Stock Performance

DOO stock traded down C$0.56 during mid-day trading on Friday, hitting C$52.64. 256,985 shares of the company were exchanged, compared to its average volume of 163,549. The stock has a market capitalization of C$3.87 billion, a PE ratio of 19.84, a price-to-earnings-growth ratio of 2.05 and a beta of 2.28. The company has a current ratio of 1.37, a quick ratio of 0.20 and a debt-to-equity ratio of 573.79. BRP has a 1-year low of C$52.00 and a 1-year high of C$102.46. The business has a 50 day simple moving average of C$63.86 and a 200-day simple moving average of C$71.72.

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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.