BRP Inc. (TSE:DOO) Receives C$69.79 Consensus Target Price from Brokerages

BRP Inc. (TSE:DOO - Get Free Report) has been given an average recommendation of "Hold" by the twelve analysts that are currently covering the stock, Marketbeat.com reports. Nine investment 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 target among brokers that have covered the stock in the last year is C$69.79.

A number of research firms have recently weighed in on DOO. National Bankshares dropped their target price on BRP from C$65.00 to C$61.00 and set a "sector perform" rating on the stock in a report on Thursday, May 22nd. BMO Capital Markets dropped their target price on BRP from C$100.00 to C$70.00 in a report on Thursday, March 27th. Desjardins upgraded BRP from a "hold" rating to a "moderate buy" rating in a report on Thursday, May 29th. UBS Group dropped their target price on BRP from C$64.00 to C$50.00 in a report on Wednesday, April 23rd. Finally, Citigroup raised their target price on BRP from C$49.00 to C$60.00 in a report on Tuesday, June 3rd.

BRP Stock Down 2.2%

TSE:DOO traded down C$1.46 on Friday, hitting C$66.16. The stock had a trading volume of 146,212 shares, compared to its average volume of 183,719. BRP has a 52 week low of C$43.88 and a 52 week high of C$102.16. 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 business's fifty day moving average is C$62.10 and its 200 day moving average is C$59.81. The company has a market cap of C$4.87 billion, a PE ratio of 24.94, a P/E/G ratio of 2.05 and a beta of 2.28.

BRP Company Profile

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.