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

BRP Inc. (TSE:DOO - Get Free Report) has been assigned an average rating of "Hold" from the twelve ratings firms that are presently covering the company, MarketBeat reports. Ten research analysts have rated the stock with a hold recommendation and two have given a buy recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is C$88.17.

A number of research firms have recently weighed in on DOO. CIBC cut their price target on BRP from C$92.00 to C$82.00 and set a "neutral" rating for the company in a report on Monday, December 9th. National Bankshares cut their price target on BRP from C$93.00 to C$84.00 in a report on Thursday, November 21st. Stifel Nicolaus cut their price target on BRP from C$82.00 to C$78.00 and set a "hold" rating for the company in a report on Monday, December 9th. TD Securities upped their target price on BRP from C$81.00 to C$83.00 and gave the company a "hold" rating in a research note on Monday, December 9th. Finally, Canaccord Genuity Group dropped their target price on BRP from C$88.00 to C$80.00 in a research note on Wednesday, November 27th.

BRP Price Performance

Shares of TSE DOO traded down C$1.38 during trading on Tuesday, reaching C$58.15. The company had a trading volume of 201,894 shares, compared to its average volume of 176,793. BRP has a twelve month low of C$57.75 and a twelve month high of C$102.46. The stock has a market capitalization of C$4.28 billion, a PE ratio of 21.92, a price-to-earnings-growth ratio of 2.05 and a beta of 2.28. The stock has a 50-day moving average price of C$70.54 and a two-hundred day moving average price of C$77.00. 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 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.