National Bankshares Cuts BRP (TSE:DOO) Price Target to C$72.00

BRP (TSE:DOO) had its price objective decreased by National Bankshares from C$84.00 to C$72.00 in a report issued on Tuesday morning,BayStreet.CA reports. National Bankshares currently has a sector perform rating on the stock.

A number of other equities analysts also recently issued reports on the company. TD Securities upped their price target on BRP from C$81.00 to C$83.00 and gave the stock a “hold” rating in a research report on Monday, December 9th. Raymond James reduced their target price on BRP from C$100.00 to C$98.00 in a research report on Monday, December 9th. DA Davidson lowered their price target on BRP from C$96.00 to C$88.00 in a report on Tuesday, December 10th. Scotiabank cut their price objective on shares of BRP from C$91.00 to C$86.00 and set a “sector perform” rating on the stock in a report on Monday, December 9th. Finally, Canaccord Genuity Group lowered their target price on shares of BRP from C$88.00 to C$80.00 in a research note on Wednesday, November 27th. Ten research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of C$87.17.

BRP Trading Down 0.1 %

TSE DOO opened at C$58.53 on Tuesday. BRP has a 52 week low of C$57.30 and a 52 week high of C$102.46. The company has a 50 day moving average price of C$69.96 and a 200 day moving average price of C$76.46. The company has a quick ratio of 0.20, a current ratio of 1.37 and a debt-to-equity ratio of 573.79. The firm has a market cap of C$4.30 billion, a PE ratio of 22.06, a price-to-earnings-growth ratio of 2.05 and a beta of 2.28.

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.