BRP (TSE:DOO) Price Target Raised to C$83.00

BRP (TSE:DOO) had its price target hoisted by TD Securities from C$81.00 to C$83.00 in a report issued on Monday,BayStreet.CA reports. They currently have a hold rating on the stock.

Several other equities research analysts have also weighed in on DOO. Citigroup decreased their price objective on BRP from C$110.00 to C$101.00 in a report on Monday, September 9th. DA Davidson lowered their price target on shares of BRP from C$105.00 to C$96.00 and set a “buy” rating on the stock in a research report on Tuesday, September 10th. National Bankshares cut their price objective on shares of BRP from C$93.00 to C$84.00 in a report on Thursday, November 21st. Canaccord Genuity Group reduced their price objective on shares of BRP from C$88.00 to C$80.00 in a research note on Wednesday, November 27th. Finally, Cibc World Mkts downgraded BRP from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 9th. Nine equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of C$89.83.

BRP Price Performance

Shares of TSE DOO opened at C$74.72 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 fifty day simple moving average of C$72.10 and a two-hundred day simple moving average of C$83.64. BRP has a 1-year low of C$65.32 and a 1-year high of C$102.46. The firm has a market cap of C$2.58 billion, a price-to-earnings ratio of 22.64, a price-to-earnings-growth 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.