BRP Inc. (DOO) To Go Ex-Dividend on April 4th

BRP Inc. (TSE:DOO) announced a quarterly dividend on Friday, April 4th, TickerTech Dividends reports. Investors of record on Friday, April 18th will be given a dividend of 0.215 per share on Friday, April 18th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.68%. The ex-dividend date is Friday, April 4th. This is a 2.4% increase from BRP’s previous quarterly dividend of $0.21.

BRP Trading Up 5.3 %

BRP stock opened at C$51.18 on Wednesday. The firm has a 50-day moving average price of C$59.96 and a two-hundred day moving average price of C$69.16. BRP has a 52-week low of C$47.16 and a 52-week high of C$102.46. The firm has a market capitalization of C$3.76 billion, a price-to-earnings ratio of 19.29, a PEG ratio of 2.05 and a beta of 2.28. The company has a quick ratio of 0.20, a current ratio of 1.37 and a debt-to-equity ratio of 573.79.

Analysts Set New Price Targets

A number of brokerages recently issued reports on DOO. Canaccord Genuity Group decreased their price objective on BRP from C$80.00 to C$60.00 in a report on Friday, March 21st. Raymond James lowered their price target on BRP from C$98.00 to C$65.00 in a report on Thursday, March 27th. TD Securities cut their price objective on shares of BRP from C$70.00 to C$65.00 and set a “hold” rating on the stock in a research note on Thursday, March 27th. Stifel Nicolaus decreased their target price on shares of BRP from C$78.00 to C$58.00 and set a “buy” rating for the company in a research report on Thursday, March 27th. Finally, DA Davidson dropped their price target on shares of BRP from C$96.00 to C$88.00 in a research report on Tuesday, December 10th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of C$71.23.

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.