BRP (TSE:DOO) PT Raised to C$112.00

BRP (TSE:DOOGet Free Report) had its price objective hoisted by investment analysts at Stifel Nicolaus from C$100.00 to C$112.00 in a research report issued to clients and investors on Monday, BayStreet.CA reports. Stifel Nicolaus’ target price suggests a potential upside of 10.50% from the stock’s previous close.

Several other brokerages also recently weighed in on DOO. UBS Group downgraded BRP from a “buy” rating to a “neutral” rating and reduced their target price for the stock from C$190.00 to C$89.00 in a research note on Monday, December 4th. DA Davidson reduced their target price on BRP from C$126.00 to C$99.00 and set a “buy” rating for the company in a research note on Monday, December 4th. Raymond James boosted their price target on BRP from C$95.00 to C$114.00 in a research report on Thursday, January 4th. Scotiabank dropped their price target on BRP from C$109.00 to C$105.00 and set an “outperform” rating for the company in a research report on Tuesday, March 26th. Finally, Desjardins dropped their price target on BRP from C$117.00 to C$112.00 and set a “buy” rating for the company in a research report on Monday, March 25th. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of C$105.23.

Read Our Latest Analysis on BRP

BRP Trading Up 3.4 %

Shares of DOO stock opened at C$101.36 on Monday. The company has a debt-to-equity ratio of 438.99, a current ratio of 1.40 and a quick ratio of 0.20. The company has a market cap of C$3.55 billion, a price-to-earnings ratio of 8.79, a PEG ratio of 1.94 and a beta of 2.41. The stock has a 50 day simple moving average of C$88.35 and a 200-day simple moving average of C$92.91. BRP has a 1-year low of C$77.42 and a 1-year high of C$122.41.

BRP Company Profile

(Get Free Report)

BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and marine products in North America, Europe, Australia, New Zealand, and Latin America. The company operates through two segments, Powersports and Marine. The Powersports segment offers year-round products, such as Can-Am ATVs, SSVs, and 3WVs; seasonal products, including Ski-Doo and Lynx snowmobiles, Sea-Doo PWCs and pontoons, and Rotax engines for karts and recreational aircraft.

Further Reading

Analyst Recommendations for BRP (TSE:DOO)

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