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

Shares of BRP Inc. (TSE:DOO) have earned a consensus recommendation of “Hold” from the twelve analysts that are covering the stock, MarketBeat reports. Nine analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is C$93.00.

Several brokerages have issued reports on DOO. TD Securities dropped their target price on shares of BRP from C$95.00 to C$81.00 and set a “hold” rating on the stock in a report on Tuesday, November 26th. Royal Bank of Canada dropped their target price on shares of BRP from C$108.00 to C$99.00 in a report on Monday, September 9th. DA Davidson dropped their target price on shares of BRP from C$105.00 to C$96.00 and set a “buy” rating on the stock in a report on Tuesday, September 10th. Stifel Nicolaus dropped their target price on shares of BRP from C$97.00 to C$82.00 in a report on Monday, September 9th. Finally, Canaccord Genuity Group lowered their price target on shares of BRP from C$88.00 to C$80.00 in a report on Wednesday, November 27th.

BRP Trading Down 2.0 %

Shares of DOO opened at C$68.13 on Thursday. BRP has a twelve month low of C$65.32 and a twelve month high of C$102.46. The company has a market cap of C$2.35 billion, a P/E ratio of 20.65, a P/E/G ratio of 2.05 and a beta of 2.28. 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 company’s fifty day simple moving average is C$72.89 and its 200-day simple moving average is C$84.42.

BRP (TSE:DOO) last posted its quarterly earnings results on Friday, September 6th. The company reported C$0.61 EPS 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 the consensus estimate of C$1.85 billion. BRP had a net margin of 2.77% and a return on equity of 37.60%. As a group, analysts expect that BRP will post 6.890971 EPS for the current year.

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.