BRP Inc. (TSE:DOO) Receives Average Recommendation of “Moderate Buy” from Analysts

BRP Inc. (TSE:DOO) has been assigned an average rating of “Moderate Buy” from the fourteen analysts that are presently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is C$116.29.

Several equities analysts have commented on the stock. TD Securities raised their target price on shares of BRP from C$106.00 to C$119.00 and gave the company a “buy” rating in a report on Friday, December 5th. Stifel Nicolaus upped their price target on shares of BRP from C$106.00 to C$120.00 and gave the stock a “buy” rating in a report on Friday, December 5th. Royal Bank Of Canada increased their price target on shares of BRP from C$107.00 to C$131.00 and gave the stock an “outperform” rating in a research report on Friday, December 5th. Canaccord Genuity Group lifted their price objective on shares of BRP from C$116.00 to C$118.00 in a research note on Friday, December 5th. Finally, Scotiabank boosted their price objective on shares of BRP from C$102.00 to C$117.00 and gave the company a “sector perform” rating in a research report on Friday, December 5th.

BRP Stock Performance

TSE:DOO opened at C$91.83 on Wednesday. The company has a debt-to-equity ratio of 443.59, a quick ratio of 0.20 and a current ratio of 1.27. BRP has a fifty-two week low of C$43.88 and a fifty-two week high of C$112.26. The company has a market cap of C$6.71 billion, a price-to-earnings ratio of 19.79, a PEG ratio of 2.05 and a beta of 1.15. The stock has a fifty day moving average price of C$100.39 and a 200-day moving average price of C$96.63.

BRP (TSE:DOO) last posted its quarterly earnings results on Thursday, March 26th. The company reported C$2.21 EPS for the quarter. BRP had a return on equity of 54.95% and a net margin of 3.45%.The business had revenue of C$2.46 billion during the quarter. As a group, equities analysts anticipate that BRP will post 6.890971 EPS for the current fiscal year.

Key Stories Impacting BRP

Here are the key news stories impacting BRP this week:

• Positive Sentiment: BRP reported Q4 EPS of C$2.21 and revenue of C$2.46 billion (revenue up ~16%), and raised its dividend — positive fundamental news that supports the equity case. BRP ups dividend, reports $45.8M Q4 profit, revenue up 16 per cent
• Positive Sentiment: Several brokers raised targets/ratings: Desjardins bumped its target to C$138 (buy), BMO raised to C$120 (outperform), and Wells Fargo lifted its target to C$110 (overweight) — these increases signal continued analyst confidence and meaningful upside from current levels. Analyst rating roundup
• Neutral Sentiment: Ci Capital trimmed its target from C$128 to C$119 but kept a buy rating (still substantial upside), a more modest adjustment versus some peers. Ci Capital target change
• Neutral Sentiment: Raymond James cut its target slightly to C$115 from C$117 but the target still implies solid upside — mixed analyst tweaks add to near-term volatility rather than a clear directional signal. Raymond James target change

About BRP

BRP designs, develops, manufactures, distributes, and markets snowmobiles, all-terrain vehicles, and personal watercraft under the Ski-Doo, Sea-Doo, Can-Am, and Lynx brand names. It also builds engines under the Rotax brand (after discontinuing the Evinrude outboard engine business in 2020) and offers clothing, parts, and accessories that cater to its core consumers. In 2018, BRP created a marine group, acquiring boat manufacturers Alumacraft, Triton (which makes Manitou pontoon boats), and Telwater (in Australia).