Citigroup Lowers BRP (NASDAQ:DOO) Price Target to $74.00

BRP (NASDAQ:DOO) had its target price dropped by Citigroup from $75.00 to $74.00 in a research note issued to investors on Friday,Benzinga reports. The firm currently has a “buy” rating on the stock. Citigroup’s target price points to a potential upside of 29.75% from the company’s current price.

DOO has been the topic of several other research reports. Scotiabank reiterated a “sector perform” rating on shares of BRP in a research note on Friday. National Bank Financial downgraded BRP from an “outperform” rating to a “sector perform” rating in a research note on Wednesday, April 15th. Weiss Ratings reiterated a “hold (c-)” rating on shares of BRP in a research note on Monday, March 23rd. TD Cowen cut BRP from a “buy” rating to a “hold” rating in a report on Wednesday, April 15th. Finally, Royal Bank Of Canada reissued an “outperform” rating on shares of BRP in a report on Friday. Four analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $85.33.

BRP Price Performance

BRP stock traded down $1.54 during trading hours on Friday, hitting $57.03. 148,515 shares of the stock traded hands, compared to its average volume of 350,414. The company has a debt-to-equity ratio of 3.92, a current ratio of 1.27 and a quick ratio of 0.56. The firm’s 50 day moving average price is $61.54. The firm has a market capitalization of $4.21 billion, a PE ratio of 19.60 and a beta of 0.90. BRP has a 1 year low of $38.18 and a 1 year high of $81.89.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Mackenzie Financial Corp purchased a new stake in shares of BRP in the fourth quarter worth about $207,651,000. Price T Rowe Associates Inc. MD purchased a new stake in BRP in the 4th quarter worth approximately $169,341,000. Capital World Investors purchased a new stake in BRP in the 4th quarter worth approximately $158,763,000. FIL Ltd purchased a new stake in BRP in the 4th quarter worth approximately $123,110,000. Finally, Vanguard Group Inc. acquired a new position in BRP in the 4th quarter valued at $98,153,000.

More BRP News

Here are the key news stories impacting BRP this week:

• Positive Sentiment: BRP reported fiscal Q1 results that beat analyst expectations, with EPS of $1.33 versus $0.75 expected and revenue of $1.74 billion versus $1.52 billion expected. Revenue rose 29.5% year over year, supported by higher shipments and market share gains in North American ORV. Article Title
• Positive Sentiment: The company also issued revised full-year guidance above consensus, saying it now expects revenues of $9.1 billion to $9.4 billion and normalized diluted EPS of $3.00 to $3.50, which suggests management sees continued demand despite tariff headwinds. Article Title
• Positive Sentiment: BRP later updated FY2027 guidance again, with EPS of 2.190 to 2.550 and revenue of $6.7 billion to $6.8 billion, both ahead of current consensus estimates, reinforcing the view that management expects results to hold up better than feared.
• Neutral Sentiment: The company declared a quarterly dividend of $0.25 per share, signaling continued capital return to shareholders but likely having limited near-term impact on the stock.
• Neutral Sentiment: BRP also announced elections of directors and board committee composition following its annual shareholder meeting, a routine governance update. Article Title
• Negative Sentiment: Sentiment was tempered by news that BRP was downgraded by Stifel Nicolaus from buy to hold, which may limit follow-through after the earnings-driven rally.
• Negative Sentiment: Management said tariffs will weigh on profits, and media reports highlighted a meaningful hit to profitability even as sales improved, creating uncertainty around margins going forward. Article Title

BRP Company Profile

BRP Inc, headquartered in Valcourt, Quebec, designs, manufactures and distributes powersports vehicles and propulsion systems for recreational and utility use. The company traces its roots to the Bombardier family and the early development of the snowmobile, and it operates as a global manufacturer of recreational vehicles and related technologies.

BRP’s product portfolio includes snowmobiles, personal watercraft and sport boats, off-road vehicles (including all-terrain and side-by-side models) and three‑wheel on‑road vehicles.