Brokerages Set BRP Inc. (TSE:DOO) Target Price at C$89.83

BRP Inc. (TSE:DOO - Get Free Report) has earned an average recommendation of "Hold" from the twelve ratings firms that are currently covering the firm, Marketbeat.com reports. Nine investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is C$89.83.

DOO has been the subject of several research reports. DA Davidson reduced their price target on shares of BRP from C$96.00 to C$88.00 in a research report on Tuesday, December 10th. Scotiabank reduced their price target on shares of BRP from C$91.00 to C$86.00 and set a "sector perform" rating for the company in a research report on Monday, December 9th. Raymond James reduced their target price on shares of BRP from C$100.00 to C$98.00 in a report on Monday, December 9th. National Bankshares reduced their target price on shares of BRP from C$93.00 to C$84.00 in a report on Thursday, November 21st. Finally, CIBC cut their price objective on shares of BRP from C$92.00 to C$82.00 and set a "neutral" rating for the company in a report on Monday, December 9th.

BRP Stock Performance

Shares of TSE DOO traded down C$0.95 during midday trading on Friday, hitting C$75.80. 132,594 shares of the company's stock traded hands, compared to its average volume of 129,011. BRP has a 1 year low of C$65.32 and a 1 year high of C$102.46. The stock has a market capitalization of C$2.61 billion, a price-to-earnings ratio of 22.97, a price-to-earnings-growth ratio of 2.05 and a beta of 2.28. The company has a debt-to-equity ratio of 545.75, a quick ratio of 0.20 and a current ratio of 1.32. The firm has a fifty day moving average of C$72.23 and a 200 day moving average of C$80.65.

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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.