BRP Inc. (TSE:DOO) Given Average Rating of “Hold” by Analysts

BRP Inc. (TSE:DOO) has received a consensus rating of “Hold” from the twelve analysts that are presently covering the firm, MarketBeat reports. Ten research analysts have rated the stock with a hold rating and two have issued a buy rating on the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is C$88.17.

DOO has been the subject of a number of research reports. TD Securities upped their target price on shares of BRP from C$81.00 to C$83.00 and gave the stock a “hold” rating in a research report on Monday, December 9th. DA Davidson decreased their price target on shares of BRP from C$96.00 to C$88.00 in a research note on Tuesday, December 10th. Scotiabank decreased their price target on shares of BRP from C$91.00 to C$86.00 and set a “sector perform” rating on the stock in a research note on Monday, December 9th. Citigroup cut shares of BRP from a “buy” rating to a “neutral” rating and decreased their price target for the stock from C$90.00 to C$70.00 in a research note on Monday, February 3rd. Finally, Raymond James decreased their price target on shares of BRP from C$100.00 to C$98.00 in a research note on Monday, December 9th.

BRP Trading Up 0.7 %

DOO stock opened at C$58.57 on Tuesday. The company has a debt-to-equity ratio of 573.79, a current ratio of 1.37 and a quick ratio of 0.20. BRP has a 1-year low of C$57.71 and a 1-year high of C$102.46. The business has a 50 day simple moving average of C$69.96 and a two-hundred day simple moving average of C$76.46. The company has a market capitalization of C$4.31 billion, a price-to-earnings ratio of 22.07, a PEG ratio of 2.05 and a beta of 2.28.

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.