BRP Inc. (TSE:DOO - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of C$89.56 and traded as high as C$90.00. BRP shares last traded at C$89.51, with a volume of 139,275 shares trading hands.
Wall Street Analysts Forecast Growth
Several research firms have commented on DOO. Scotiabank boosted their target price on BRP from C$80.00 to C$83.00 and gave the stock a "sector perform" rating in a report on Friday, May 29th. National Bank Financial raised their price target on BRP from C$80.00 to C$84.00 and gave the company a "sector perform" rating in a report on Friday, May 29th. Raymond James Financial lowered BRP from a "strong-buy" rating to a "market perform" rating in a research report on Friday, April 24th. TD lifted their price target on BRP from C$84.00 to C$92.00 and gave the stock a "hold" rating in a research report on Friday, May 29th. Finally, Stifel Nicolaus cut shares of BRP from a "buy" rating to a "hold" rating and dropped their price target for the stock from C$92.00 to C$85.00 in a research note on Friday, May 29th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of C$98.73.
View Our Latest Report on DOO
BRP Stock Down 0.7%
The company has a market cap of C$6.60 billion, a P/E ratio of 24.46, a P/E/G ratio of 2.05 and a beta of 0.81. The company's 50-day moving average is C$85.94 and its two-hundred day moving average is C$89.56. The company has a debt-to-equity ratio of 419.45, a current ratio of 1.30 and a quick ratio of 0.20.
BRP (TSE:DOO - Get Free Report) last released its quarterly earnings data on Thursday, May 28th. The company reported C$1.83 earnings per share (EPS) for the quarter. BRP had a return on equity of 46.01% and a net margin of 3.01%.The business had revenue of C$2.39 billion for the quarter. As a group, equities analysts predict that BRP Inc. will post 6.890971 earnings per share for the current fiscal year.
About BRP
(
Get Free Report)
BRP Inc is a global leader in the world of powersports products and powertrains, built on over 80 years of ingenuity, innovation, and intensive consumer focus. Through its portfolio of industry-leading and distinctive brands featuring Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on- and off-road vehicles, Quintrex boats as well as Rotax engines for karts, recreational aircraft and jet boats, BRP unlocks exhilarating adventures and provides access to experiences across different playgrounds.
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