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

Shares of BRP Inc. (TSE:DOO) have been assigned a consensus rating of “Hold” from the twelve analysts that are currently covering the firm, MarketBeat.com reports. Nine equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is C$89.83.

DOO has been the topic of a number of recent research reports. National Bankshares reduced their price objective on shares of BRP from C$93.00 to C$84.00 in a research note on Thursday, November 21st. DA Davidson reduced their price target on shares of BRP from C$96.00 to C$88.00 in a research report on Tuesday, December 10th. Scotiabank reduced 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 report on Monday, December 9th. TD Securities lifted their price target 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. Finally, Canaccord Genuity Group reduced their price target on shares of BRP from C$88.00 to C$80.00 in a research report on Wednesday, November 27th.

BRP Price Performance

Shares of DOO stock opened at C$76.75 on Friday. BRP has a 52-week low of C$65.32 and a 52-week high of C$102.46. The stock has a market cap of C$2.65 billion, a PE ratio of 23.26, a PEG ratio of 2.05 and a beta of 2.28. The company has a debt-to-equity ratio of 545.75, a quick ratio of 0.20 and a current ratio of 1.32. The firm’s 50 day moving average price is C$72.23 and its two-hundred day moving average price is C$80.65.

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.