BRP (TSE:DOO) Given New C$101.00 Price Target at National Bankshares

BRP (TSE:DOO) had its price target boosted by National Bankshares from C$83.00 to C$101.00 in a report released on Tuesday,BayStreet.CA reports. The brokerage currently has a sector perform rating on the stock.

Other research analysts have also issued research reports about the stock. TD Securities upped their price objective on shares of BRP from C$70.00 to C$87.00 and gave the company a “buy” rating in a research report on Wednesday, August 20th. Desjardins upgraded BRP from a “hold” rating to a “moderate buy” rating in a research note on Thursday, May 29th. Citigroup upped their price target on BRP from C$49.00 to C$60.00 in a report on Tuesday, June 3rd. Finally, Stifel Canada upgraded BRP from a “hold” rating to a “strong-buy” rating in a research report on Thursday, May 29th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of C$91.69.

BRP Trading Up 6.3%

Shares of DOO stock opened at C$91.89 on Tuesday. The firm has a market capitalization of C$6.71 billion, a P/E ratio of -183.78, a price-to-earnings-growth ratio of 2.05 and a beta of 1.05. BRP has a 1 year low of C$43.88 and a 1 year high of C$97.49. The firm’s fifty day simple moving average is C$72.45 and its 200 day simple moving average is C$60.71. 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.