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

Shares of BRP Inc. (TSE:DOO) have received a consensus rating of “Hold” from the twelve analysts that are currently covering the company, MarketBeat Ratings reports. Nine research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is C$89.83.

A number of research analysts recently commented on the company. Stifel Nicolaus lowered their price objective on BRP from C$82.00 to C$78.00 and set a “hold” rating for the company in a research note on Monday, December 9th. Citigroup lowered their price target on shares of BRP from C$101.00 to C$90.00 and set a “buy” rating for the company in a research report on Monday, December 9th. Canaccord Genuity Group cut their price objective on shares of BRP from C$88.00 to C$80.00 in a research report on Wednesday, November 27th. Raymond James decreased their target price on shares of BRP from C$100.00 to C$98.00 in a research report on Monday, December 9th. Finally, Royal Bank of Canada cut their price target on BRP from C$108.00 to C$99.00 in a report on Monday, September 9th.

BRP Stock Up 0.2 %

TSE:DOO opened at C$72.56 on Monday. The company has a current ratio of 1.32, a quick ratio of 0.20 and a debt-to-equity ratio of 545.75. The stock has a 50 day moving average of C$70.57 and a 200-day moving average of C$82.04. The firm has a market capitalization of C$2.50 billion, a PE ratio of 21.99, a price-to-earnings-growth ratio of 2.05 and a beta of 2.28. BRP has a 52 week low of C$65.32 and a 52 week 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.