Analysts Set BRP Inc. (TSE:DOO) Target Price at C$89.83

BRP Inc. (TSE:DOO) has received a consensus rating of “Hold” from the twelve research firms that are covering the stock, MarketBeat Ratings reports. Nine analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is C$89.83.

DOO has been the topic of several recent analyst reports. Stifel Nicolaus reduced their price target on shares of BRP from C$82.00 to C$78.00 and set a “hold” rating on the stock in a research note on Monday, December 9th. Citigroup reduced their price target on shares of BRP from C$101.00 to C$90.00 and set a “buy” rating on the stock in a research note on Monday, December 9th. Raymond James cut their target price on shares of BRP from C$100.00 to C$98.00 in a research report on Monday, December 9th. Canaccord Genuity Group cut their target price on shares of BRP from C$88.00 to C$80.00 in a research report on Wednesday, November 27th. Finally, TD Securities raised their target price on shares of BRP from C$81.00 to C$83.00 and gave the company a “hold” rating in a research report on Monday, December 9th.

BRP Trading Up 2.8 %

DOO stock opened at C$73.04 on Friday. The company has a market capitalization of C$2.52 billion, a PE ratio of 22.13, a P/E/G ratio of 2.05 and a beta of 2.28. BRP has a 12 month low of C$65.32 and a 12 month high of C$102.46. The firm’s 50-day moving average is C$72.93 and its 200 day moving average is C$80.21. The company has a debt-to-equity ratio of 545.75, a current ratio of 1.32 and a quick ratio of 0.20.

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.