Royal Bank Of Canada Issues Pessimistic Forecast for BRP (TSE:DOO) Stock Price

BRP (TSE:DOO) had its target price reduced by research analysts at Royal Bank Of Canada from C$131.00 to C$124.00 in a note issued to investors on Monday,BayStreet.CA reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective points to a potential upside of 24.00% from the company’s previous close.

Other analysts also recently issued reports about the company. Scotiabank raised their price objective on BRP from C$102.00 to C$117.00 and gave the stock a “sector perform” rating in a research report on Friday, December 5th. Citigroup reduced their price target on shares of BRP from C$128.00 to C$119.00 in a research note on Monday. Ci Capital lowered their price objective on shares of BRP from C$128.00 to C$119.00 and set a “buy” rating for the company in a research report on Friday, March 27th. Canaccord Genuity Group upped their price target on BRP from C$116.00 to C$118.00 in a research note on Friday, December 5th. Finally, Desjardins lifted their price objective on BRP from C$130.00 to C$138.00 and gave the company a “buy” rating in a research note on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of C$115.14.

BRP Stock Up 4.7%

DOO stock opened at C$100.00 on Monday. BRP has a one year low of C$43.88 and a one year high of C$112.26. The firm has a market cap of C$7.31 billion, a PE ratio of 21.55, a PEG ratio of 2.05 and a beta of 1.15. The firm’s 50 day moving average price is C$100.08 and its 200-day moving average price is C$96.75. 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 (TSE:DOO) last issued its quarterly earnings data on Thursday, March 26th. The company reported C$2.21 earnings per share for the quarter. The company had revenue of C$2.46 billion during the quarter. BRP had a return on equity of 54.95% and a net margin of 3.45%. On average, equities research analysts anticipate that BRP will post 6.890971 EPS for the current year.

BRP News Summary

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).