BRP Inc. (TSE:DOO) Given Average Recommendation of “Hold” by Brokerages

BRP Inc. (TSE:DOO) has received an average recommendation of “Hold” from the twelve ratings firms that are covering the stock, MarketBeat Ratings reports. Ten investment analysts have rated the stock with a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is C$86.08.

A number of brokerages recently issued reports on DOO. Raymond James dropped their target price on BRP from C$100.00 to C$98.00 in a research report on Monday, December 9th. Stifel Nicolaus dropped their target price on BRP from C$82.00 to C$78.00 and set a “hold” rating on the stock in a research report on Monday, December 9th. Canaccord Genuity Group dropped their target price on BRP from C$88.00 to C$80.00 in a research report on Wednesday, November 27th. Citigroup lowered BRP from a “buy” rating to a “neutral” rating and dropped their target price for the company from C$90.00 to C$70.00 in a research report on Monday, February 3rd. Finally, DA Davidson dropped their target price on BRP from C$96.00 to C$88.00 in a research report on Tuesday, December 10th.

BRP Trading Up 0.3 %

TSE:DOO opened at C$55.35 on Friday. BRP has a fifty-two week low of C$53.02 and a fifty-two week high of C$102.46. The company has a debt-to-equity ratio of 573.79, a current ratio of 1.37 and a quick ratio of 0.20. The stock has a market capitalization of C$4.07 billion, a PE ratio of 20.86, a price-to-earnings-growth ratio of 2.05 and a beta of 2.28. The business’s 50-day simple moving average is C$65.40 and its 200-day simple moving average is C$72.79.

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.