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

Shares of BRP Inc. (TSE:DOO) have earned a consensus recommendation of “Hold” from the twelve brokerages that are currently covering the firm, MarketBeat reports. Ten investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is C$86.08.

Several analysts recently weighed in on DOO shares. CIBC dropped their price target on BRP from C$92.00 to C$82.00 and set a “neutral” rating for the company in a report on Monday, December 9th. National Bankshares dropped their target price on BRP from C$84.00 to C$72.00 and set a “sector perform” rating for the company in a report on Tuesday, February 25th. DA Davidson dropped their target price on BRP from C$96.00 to C$88.00 in a report on Tuesday, December 10th. Canaccord Genuity Group dropped their price objective on shares of BRP from C$88.00 to C$80.00 in a research note on Wednesday, November 27th. Finally, Stifel Nicolaus dropped their price target on shares of BRP from C$82.00 to C$78.00 and set a “hold” rating for the company in a research report on Monday, December 9th.

BRP Trading Down 0.9 %

Shares of DOO stock opened at C$55.50 on Friday. The firm has a 50 day moving average price of C$64.26 and a two-hundred day moving average price of C$71.99. The company has a quick ratio of 0.20, a current ratio of 1.37 and a debt-to-equity ratio of 573.79. The company has a market capitalization of C$4.08 billion, a PE ratio of 20.92, a price-to-earnings-growth ratio of 2.05 and a beta of 2.28. BRP has a 12-month low of C$53.02 and a 12-month high of C$102.46.

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.