BRP (TSE:DOO) Price Target Lowered to C$70.00 at BMO Capital Markets

BRP (TSE:DOO - Get Free Report) had its price objective lowered by BMO Capital Markets from C$100.00 to C$70.00 in a research report issued on Thursday,BayStreet.CA reports. BMO Capital Markets' target price would suggest a potential upside of 44.06% from the stock's current price.

DOO has been the subject of a number of other research reports. DA Davidson reduced their price target on BRP from C$96.00 to C$88.00 in a report on Tuesday, December 10th. Canaccord Genuity Group dropped their price target on shares of BRP from C$88.00 to C$80.00 in a research note on Wednesday, November 27th. Stifel Nicolaus reduced their price objective on shares of BRP from C$78.00 to C$58.00 and set a "buy" rating on the stock in a research note on Thursday. National Bankshares lowered their price target on BRP from C$84.00 to C$72.00 and set a "sector perform" rating for the company in a report on Tuesday, February 25th. Finally, Scotiabank dropped their target price on shares of 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. One analyst has rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of C$71.23.

BRP Stock Down 0.1 %

Shares of DOO stock traded down C$0.06 on Thursday, hitting C$48.59. The stock had a trading volume of 177,460 shares, compared to its average volume of 176,753. The company has a debt-to-equity ratio of 573.79, a quick ratio of 0.20 and a current ratio of 1.37. The stock's 50 day moving average is C$61.04 and its 200-day moving average is C$69.51. The firm has a market capitalization of C$3.57 billion, a price-to-earnings ratio of 18.31, a P/E/G ratio of 2.05 and a beta of 2.28. BRP has a 52-week low of C$47.16 and a 52-week high of C$102.46.

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.