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

BRP Inc. (TSE:DOO - Get Free Report) has received a consensus rating of "Hold" from the twelve analysts that are covering the company, MarketBeat reports. Nine research analysts have rated the stock with a hold recommendation, one has issued a buy recommendation and two have issued a strong buy recommendation on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is C$69.79.

Several research firms have recently weighed in on DOO. BMO Capital Markets lowered their price objective on BRP from C$100.00 to C$70.00 in a research report on Thursday, March 27th. TD Securities raised BRP from a "hold" rating to a "strong-buy" rating in a research report on Friday, May 30th. Raymond James Financial lowered their price objective on BRP from C$98.00 to C$65.00 in a research report on Thursday, March 27th. Royal Bank Of Canada lowered their price objective on BRP from C$99.00 to C$69.00 in a research report on Friday, March 28th. Finally, Citigroup lifted their price objective on BRP from C$49.00 to C$60.00 in a research report on Tuesday, June 3rd.

BRP Price Performance

Shares of TSE DOO traded down C$0.63 during mid-day trading on Friday, hitting C$65.53. 85,128 shares of the stock traded hands, compared to its average volume of 183,010. 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 twelve month low of C$43.88 and a twelve month high of C$102.16. The company has a market cap of C$4.82 billion, a PE ratio of 24.70, a price-to-earnings-growth ratio of 2.05 and a beta of 2.28. The firm has a 50 day simple moving average of C$62.10 and a two-hundred day simple moving average of C$59.63.

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.