Citigroup Lowers BRP (TSE:DOO) Price Target to C$119.00

BRP (TSE:DOO) had its price objective decreased by equities research analysts at Citigroup from C$128.00 to C$119.00 in a research report issued to clients and investors on Monday,BayStreet.CA reports. Citigroup’s price target indicates a potential upside of 19.00% from the stock’s previous close.

DOO has been the subject of several other reports. Royal Bank Of Canada increased their price objective on shares of BRP from C$107.00 to C$131.00 and gave the company an “outperform” rating in a research report on Friday, December 5th. Canadian Imperial Bank of Commerce upped their price target on shares of BRP from C$115.00 to C$118.00 and gave the company an “outperform” rating in a research note on Friday, December 5th. TD Securities raised their price target on shares of BRP from C$106.00 to C$119.00 and gave the stock a “buy” rating in a report on Friday, December 5th. National Bank Financial raised shares of BRP from a “sector perform” rating to an “outperform” rating and raised their price target for the stock from C$105.00 to C$125.00 in a report on Friday, December 5th. Finally, 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. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$115.14.

BRP Trading Up 4.7%

Shares of TSE:DOO opened at C$100.00 on Monday. The business’s 50-day moving average is C$100.08 and its 200 day moving average is C$96.75. BRP has a 1 year low of C$43.88 and a 1 year high of C$112.26. The firm has a market capitalization of C$7.31 billion, a P/E ratio of 21.55, a P/E/G ratio of 2.05 and a beta of 1.15. The company has a debt-to-equity ratio of 443.59, a current ratio of 1.27 and a quick ratio of 0.20.

BRP (TSE:DOO) last issued its quarterly earnings results on Thursday, March 26th. The company reported C$2.21 earnings per share 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. On average, research analysts predict that BRP will post 6.890971 earnings per share for the current fiscal year.

Trending Headlines about BRP

Here are the key news stories impacting BRP this week:

• Positive Sentiment: BRP declared a quarterly dividend of C$0.25/share (ex‑dividend April 10; record and pay April 24), a modest but cash‑return positive signal — annualized yield ~1.0%. This supports income‑minded holders and can be seen as a stability/quality cue.
• Positive Sentiment: Multiple outlets report upward revisions to analyst targets (including raises to C$138, C$120 and C$110 in recent headlines), which can attract buyers betting on larger upside expectations. Article Title
• Neutral Sentiment: Royal Bank of Canada cut its target from C$131 to C$124 but kept an “outperform” rating — a mixed signal that lowers near‑term upside while still signalling confidence in longer‑term earnings potential. BayStreet.CA
• Negative Sentiment: Citigroup trimmed its target from C$128 to C$119, reducing implied upside and indicating more conservative estimates from a major bank. Tickerreport.com
• Negative Sentiment: Raymond James lowered its price target to C$115 in a recent note — another downward revision that could weigh on sentiment if followed by further cuts. Article Title
• Negative Sentiment: Ci Capital reduced its target to C$119, adding to the cluster of mid‑range downgrades that may cap short‑term gains until clarity on demand and margins emerges. Article Title

BRP Company Profile

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).