BRP (TSE:DOO) PT Raised to C$93.00 at National Bankshares

BRP (TSE:DOO - Get Free Report) had its target price upped by analysts at National Bankshares from C$89.00 to C$93.00 in a report released on Friday, BayStreet.CA reports. National Bankshares' target price points to a potential upside of 17.25% from the stock's previous close.

A number of other research firms also recently weighed in on DOO. BMO Capital Markets decreased their target price on shares of BRP from C$115.00 to C$100.00 in a research report on Monday, September 9th. Cibc World Mkts lowered shares of BRP from a "strong-buy" rating to a "hold" rating in a report on Monday, September 9th. Citigroup decreased their price target on BRP from C$110.00 to C$101.00 in a report on Monday, September 9th. CIBC lowered BRP from an "outperform" rating to a "neutral" rating and lowered their price objective for the stock from C$100.00 to C$92.00 in a research report on Monday, September 9th. Finally, DA Davidson cut their target price on BRP from C$105.00 to C$96.00 and set a "buy" rating on the stock in a research report on Tuesday, September 10th. Ten equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of C$95.46.

BRP Trading Up 0.5 %

TSE:DOO traded up C$0.36 during mid-day trading on Friday, hitting C$79.32. 167,548 shares of the company's stock were exchanged, compared to its average volume of 208,742. BRP has a fifty-two week low of C$77.23 and a fifty-two week high of C$105.27. The company has a current ratio of 1.32, a quick ratio of 0.20 and a debt-to-equity ratio of 545.75. The firm has a market capitalization of C$2.73 billion, a P/E ratio of 24.43, a PEG ratio of 2.05 and a beta of 2.28. The company has a 50 day simple moving average of C$87.32 and a 200-day simple moving average of C$90.27.

BRP (TSE:DOO - Get Free Report) last issued its quarterly earnings data on Friday, September 6th. The company reported C$0.61 earnings per share for the quarter, topping the consensus estimate of C$0.30 by C$0.31. The company had revenue of C$1.84 billion for the quarter, compared to analysts' expectations of C$1.85 billion. BRP had a net margin of 2.77% and a return on equity of 37.60%. As a group, research analysts expect that BRP will post 6.890971 earnings per share for the current year.

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.