Desjardins Trims BRP (TSE:DOO) Target Price to C$112.00

BRP (TSE:DOO) had its price objective cut by Desjardins from C$117.00 to C$112.00 in a research note released on Monday, BayStreet.CA reports. They currently have a buy rating on the stock. Desjardins also issued estimates for BRP’s FY2025 earnings at $8.46 EPS and FY2026 earnings at $9.72 EPS.

A number of other research firms have also weighed in on DOO. DA Davidson dropped their target price on BRP from C$126.00 to C$99.00 and set a buy rating on the stock in a report on Monday, December 4th. Citigroup cut their price objective on shares of BRP from C$128.00 to C$100.00 and set a buy rating on the stock in a report on Friday, December 1st. Stifel Nicolaus lowered their target price on shares of BRP from C$150.00 to C$100.00 and set a buy rating for the company in a report on Friday, December 1st. Raymond James raised their price target on shares of BRP from C$95.00 to C$114.00 in a research report on Thursday, January 4th. Finally, National Bankshares reduced their price objective on shares of BRP from C$107.00 to C$105.00 and set an outperform rating for the company in a research report on Tuesday, March 19th. Three analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of Moderate Buy and an average price target of C$104.62.

BRP Stock Up 2.3 %

Shares of TSE DOO opened at C$86.33 on Monday. The stock has a market capitalization of C$3.03 billion, a P/E ratio of 7.49, a P/E/G ratio of 1.94 and a beta of 2.41. The company has a debt-to-equity ratio of 438.99, a current ratio of 1.40 and a quick ratio of 0.20. BRP has a 1 year low of C$77.42 and a 1 year high of C$122.41. The company has a 50-day moving average price of C$88.12 and a 200-day moving average price of C$93.17.

BRP Company Profile

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.