BRP Inc. (TSE:DOO) Receives Average Recommendation of "Hold" from Brokerages

BRP Inc. (TSE:DOO - Get Free Report) has earned an average recommendation of "Hold" from the twelve research firms that are presently 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 12-month target price among analysts that have covered the stock in the last year is C$89.83.

A number of research firms recently weighed in on DOO. BMO Capital Markets dropped their target price on BRP from C$115.00 to C$100.00 in a research report on Monday, September 9th. Citigroup lowered their price objective on shares of BRP from C$101.00 to C$90.00 and set a "buy" rating for the company in a report on Monday, December 9th. Scotiabank reduced 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. National Bankshares decreased their target price on shares of BRP from C$93.00 to C$84.00 in a research report on Thursday, November 21st. Finally, CIBC cut their price target on shares of BRP from C$92.00 to C$82.00 and set a "neutral" rating for the company in a research report on Monday, December 9th.

BRP Price Performance

Shares of DOO stock traded down C$0.31 during trading on Monday, hitting C$72.25. The company had a trading volume of 63,341 shares, compared to its average volume of 222,045. The stock's 50-day moving average is C$70.47 and its two-hundred day moving average is C$81.97. The stock has a market capitalization of C$2.49 billion, a price-to-earnings ratio of 21.89, a price-to-earnings-growth ratio of 2.05 and a beta of 2.28. The company has a quick ratio of 0.20, a current ratio of 1.32 and a debt-to-equity ratio of 545.75. BRP has a 52 week low of C$65.32 and a 52 week high of C$102.46.

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.