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

Key Points

• BRP Inc. has received an average consensus recommendation of "Hold" from twelve research firms, with nine analysts rating it as a hold, one as a buy, and two as a strong buy.
• The average twelve-month target price for BRP's stock is currently C$69.79, with recent adjustments from various brokerages reflecting varying outlooks.
• BRP's stock price has fluctuated between a one-year low of C$43.88 and a high of C$98.15, with a current market cap of C$5.25 billion.

Shares of BRP Inc. (TSE:DOO - Get Free Report) have been assigned an average recommendation of "Hold" from the twelve research firms that are covering the company, MarketBeat Ratings reports. Nine equities research analysts have rated the stock with a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is C$69.79.

Several research firms recently weighed in on DOO. Desjardins raised shares of BRP from a "hold" rating to a "moderate buy" rating in a research report on Thursday, May 29th. UBS Group cut their price objective on shares of BRP from C$64.00 to C$50.00 in a research report on Wednesday, April 23rd. Stifel Canada raised shares of BRP from a "hold" rating to a "strong-buy" rating in a research report on Thursday, May 29th. Stifel Nicolaus cut their price objective on shares of BRP from C$58.00 to C$49.00 and set a "hold" rating for the company in a research report on Wednesday, April 30th. Finally, National Bankshares cut their price objective on shares of BRP from C$65.00 to C$61.00 and set a "sector perform" rating for the company in a research report on Thursday, May 22nd.

BRP Price Performance

TSE:DOO opened at C$71.33 on Tuesday. BRP has a one year low of C$43.88 and a one year high of C$98.15. The company has a market cap of C$5.25 billion, a P/E ratio of 26.88, a P/E/G ratio of 2.05 and a beta of 2.28. The firm's fifty day moving average price is C$67.49 and its two-hundred day moving average price is C$58.96. The company has a debt-to-equity ratio of 573.79, a current ratio of 1.37 and a quick ratio of 0.20.

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.

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