BRP (TSE:DOO) Given New C$112.00 Price Target at Desjardins

BRP (TSE:DOO) had its target price trimmed by Desjardins from C$117.00 to C$112.00 in a research note published on Monday, BayStreet.CA reports. The brokerage currently has 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.

Other equities research analysts have also issued research reports about the company. Royal Bank of Canada lowered their price objective on BRP from C$147.00 to C$110.00 and set an outperform rating on the stock in a report on Friday, December 1st. UBS Group lowered BRP from a buy rating to a neutral rating and dropped their price objective for the stock from C$190.00 to C$89.00 in a report on Monday, December 4th. DA Davidson reduced their target price on BRP from C$126.00 to C$99.00 and set a buy rating for the company in a report on Monday, December 4th. Scotiabank decreased their target price on shares of BRP from C$145.00 to C$109.00 and set an outperform rating on the stock in a research report on Monday, December 4th. Finally, Raymond James increased their price target on shares of BRP from C$95.00 to C$114.00 in a report on Thursday, January 4th. Three investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of Moderate Buy and a consensus target price of C$104.62.

BRP Trading Up 2.3 %

Shares of DOO stock opened at C$86.33 on Monday. The business’s 50 day moving average is C$88.12 and its two-hundred day moving average is C$93.17. BRP has a twelve month low of C$77.42 and a twelve month high of C$122.41. The company has a current ratio of 1.40, a quick ratio of 0.20 and a debt-to-equity ratio of 438.99. The company has a market capitalization of C$3.03 billion, a P/E ratio of 7.49, a price-to-earnings-growth ratio of 1.94 and a beta of 2.41.

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.