BRP (NASDAQ:DOO) Stock Rating Lowered by National Bank Financial

BRP (NASDAQ:DOO) was downgraded by equities research analysts at National Bank Financial from an “outperform” rating to a “sector perform” rating in a research note issued to investors on Wednesday, Marketbeat reports.

Several other brokerages have also recently issued reports on DOO. TD Cowen cut shares of BRP from a “buy” rating to a “hold” rating in a report on Wednesday. Wells Fargo & Company assumed coverage on shares of BRP in a report on Wednesday, March 11th. They issued an “overweight” rating on the stock. UBS Group raised their target price on shares of BRP from $70.00 to $75.00 and gave the stock a “neutral” rating in a report on Friday, January 9th. Citigroup dropped their target price on shares of BRP from $87.00 to $86.00 and set a “buy” rating on the stock in a report on Monday, March 30th. Finally, Zacks Research upgraded shares of BRP from a “hold” rating to a “strong-buy” rating in a report on Friday, March 27th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $80.50.

BRP Trading Up 7.8%

Shares of DOO stock opened at $54.90 on Wednesday. BRP has a 12-month low of $31.78 and a 12-month high of $81.89. The company has a quick ratio of 0.56, a current ratio of 1.27 and a debt-to-equity ratio of 3.92. The stock has a 50 day moving average of $71.28. The stock has a market capitalization of $4.03 billion, a PE ratio of 18.87 and a beta of 1.15.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Quarry LP bought a new position in BRP in the fourth quarter worth approximately $30,000. Signaturefd LLC bought a new position in BRP in the fourth quarter worth approximately $43,000. Quadrant Capital Group LLC bought a new position in BRP in the fourth quarter worth approximately $89,000. PNC Financial Services Group Inc. bought a new position in BRP in the fourth quarter worth approximately $142,000. Finally, Intact Investment Management Inc. bought a new position in BRP in the fourth quarter worth approximately $156,000.

BRP News Roundup

Here are the key news stories impacting BRP this week:

• Positive Sentiment: Intraday rebound on heavy volume suggests buyers are exploiting the recent oversold condition and covering short positions; this is likely why the stock is up today despite unresolved tariff risk.
• Neutral Sentiment: BRP suspended its FY27 outlook after warning that proposed new U.S. tariffs could create roughly a $500 million profit headwind, and halted guidance while it assesses the impact. BRP Halts FY27 Outlook
• Negative Sentiment: Market reaction to the tariff announcement was severe — multiple outlets report BRP shares plunged sharply (reports of up to ~33% intraday moves) as investors priced in the tariff shock. Sea-Doo maker BRP hit by US tariff changes
• Negative Sentiment: Brokerages have pulled back on ratings after the tariff news — Canaccord cut DOO from “strong‑buy” to “hold,” TD Cowen cut to “hold,” and National Bank Financial moved it to “sector perform,” increasing selling pressure and reducing near‑term analyst support. Analyst downgrades coverage
• Negative Sentiment: Shareholder law firm Johnson Fistel announced an investigation into possible claims on behalf of BRP investors, signaling potential litigation risk tied to the recent disclosures. Johnson Fistel shareholder investigation

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.