BRP Inc. (TSE:DOO) Receives Consensus Rating of “Hold” from Brokerages

Shares of BRP Inc. (TSE:DOO) have received an average recommendation of “Hold” from the twelve analysts that are currently covering the stock, MarketBeat.com reports. Nine investment analysts have rated the stock with a hold rating, one has issued a buy rating and two have issued a strong buy rating on the company. The average twelve-month target price among brokers that have covered the stock in the last year is C$69.79.

DOO has been the subject of a number of recent analyst reports. Raymond James Financial cut their price objective on shares of BRP from C$98.00 to C$65.00 in a report on Thursday, March 27th. BMO Capital Markets lowered their price target on shares of BRP from C$100.00 to C$70.00 in a research report on Thursday, March 27th. CIBC decreased their target price on shares of BRP from C$82.00 to C$64.00 in a report on Thursday, March 27th. Canaccord Genuity Group decreased their price objective on shares of BRP from C$80.00 to C$60.00 in a report on Friday, March 21st. Finally, UBS Group decreased their price objective on shares of BRP from C$64.00 to C$50.00 in a report on Wednesday, April 23rd.

BRP Trading Up 2.1%

Shares of DOO stock opened at C$67.62 on Friday. The stock has a fifty day simple moving average of C$61.77 and a two-hundred day simple moving average of C$59.86. BRP has a 52-week low of C$43.88 and a 52-week high of C$102.16. The firm has a market capitalization of C$4.97 billion, a PE ratio of 25.49, a PEG ratio of 2.05 and a beta of 2.28. The company has a debt-to-equity ratio of 573.79, a quick ratio of 0.20 and a current ratio of 1.37.

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.