Weekly Research Analysts’ Ratings Updates for BRP (DOO)

Several analysts have recently updated their ratings and price targets for BRP (TSE: DOO):

• 12/10/2024 – BRP had its price target lowered by analysts at DA Davidson from C$96.00 to C$88.00.
• 12/9/2024 – BRP had its price target lowered by analysts at Scotiabank from C$91.00 to C$86.00. They now have a “sector perform” rating on the stock.
• 12/9/2024 – BRP had its price target lowered by analysts at CIBC from C$92.00 to C$82.00. They now have a “neutral” rating on the stock.
• 12/9/2024 – BRP had its price target raised by analysts at TD Securities from C$81.00 to C$83.00. They now have a “hold” rating on the stock.
• 12/9/2024 – BRP had its price target lowered by analysts at Stifel Nicolaus from C$82.00 to C$78.00. They now have a “hold” rating on the stock.
• 12/9/2024 – BRP had its price target lowered by analysts at Citigroup Inc. from C$101.00 to C$90.00. They now have a “buy” rating on the stock.
• 12/9/2024 – BRP had its price target lowered by analysts at Raymond James from C$100.00 to C$98.00.
• 11/27/2024 – BRP had its price target lowered by analysts at Canaccord Genuity Group Inc. from C$88.00 to C$80.00.
• 11/26/2024 – BRP had its price target lowered by analysts at TD Securities from C$95.00 to C$81.00. They now have a “hold” rating on the stock.
• 11/21/2024 – BRP had its price target lowered by analysts at National Bankshares, Inc. from C$93.00 to C$84.00.

BRP Stock Up 1.4 %

Shares of DOO traded up C$1.05 during midday trading on Friday, hitting C$75.51. 267,273 shares of the company’s stock traded hands, compared to its average volume of 222,565. 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 market capitalization of C$2.60 billion, a price-to-earnings ratio of 22.88, a price-to-earnings-growth ratio of 2.05 and a beta of 2.28. BRP Inc. has a 1 year low of C$65.32 and a 1 year high of C$102.46. The firm’s fifty day moving average is C$71.31 and its 200-day moving average is C$82.81.

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.