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

BRP (TSE:DOO) had its target price trimmed by Citigroup from C$128.00 to C$119.00 in a research report sent to investors on Monday morning,BayStreet.CA reports.

Other equities research analysts have also recently issued research reports about the company. Ci Capital lowered their target price on BRP from C$128.00 to C$119.00 and set a “buy” rating on the stock in a report on Friday. Royal Bank Of Canada upped their price target on BRP from C$107.00 to C$131.00 and gave the stock an “outperform” rating in a report on Friday, December 5th. Desjardins raised their price target on shares of BRP from C$130.00 to C$138.00 and gave the stock a “buy” rating in a research report on Friday. BMO Capital Markets boosted their target price on shares of BRP from C$115.00 to C$120.00 and gave the company an “outperform” rating in a research note on Friday. Finally, Wells Fargo & Company raised their target price on BRP from C$105.00 to C$110.00 and gave the company an “overweight” rating in a research note on Friday. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of C$115.14.

BRP Price Performance

Shares of DOO opened at C$95.55 on Monday. The stock has a market cap of C$6.99 billion, a PE ratio of 20.59, a price-to-earnings-growth ratio of 2.05 and a beta of 1.15. BRP has a 1-year low of C$43.88 and a 1-year high of C$112.26. The firm has a fifty day moving average price of C$100.18 and a 200 day moving average price of C$96.67. 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 released its quarterly earnings results on Thursday, March 26th. The company reported C$2.21 earnings per share (EPS) for the quarter. The firm had revenue of C$2.46 billion for the quarter. BRP had a return on equity of 54.95% and a net margin of 3.45%. As a group, sell-side analysts anticipate that BRP will post 6.890971 EPS for the current year.

BRP News Roundup

Here are the key news stories impacting BRP this week:

• Positive Sentiment: Multiple brokers raised price targets (signals of confidence in BRP’s outlook). Raymond James/others published upgrades raising targets to C$138, C$120 and C$110, which support upside expectations for the stock. BRP (TSE:DOO) Price Target Raised to C$138.00 BRP (TSE:DOO) Price Target Raised to C$120.00 BRP (TSE:DOO) Price Target Raised to C$110.00
• Positive Sentiment: Royal Bank of Canada cut its target but kept an “outperform” rating with a C$124 target — still a sizable implied upside (~30%) and signals continued conviction. BayStreet.CA
• Neutral Sentiment: Citigroup trimmed its target to C$119 (still implies ~25% upside). This is a mixed signal—lower target but continued belief in upside — watch for comments underlying the change. BayStreet.CA TickerReport
• Neutral Sentiment: Market commentary and analyst notes are prompting re-evaluation after BRP’s strong one-year rally (~91%); some coverage pieces urge caution about valuation and momentum. Is It Time To Reconsider BRP (TSX:DOO) After A 91% One Year Rally?
• Neutral Sentiment: Broad analyst discussion of consumer-cyclical names including BRP that may influence investor sentiment but contains mixed takeaways — useful for longer-term thesis rather than immediate directional impact. Analysts Offer Insights on Consumer Cyclical Companies: Oxford Industries (OXM) and BRP (DOO)
• Negative Sentiment: Raymond James lowered a separate target to C$115, reducing near-term upside expectations from that house and applying downward pressure. Raymond James Financial Cuts BRP (TSE:DOO) Price Target to C$115.00
• Negative Sentiment: Ci Capital cut its target to C$119, another downward revision that may temper conviction among some investors. Ci Capital Cuts BRP (TSE:DOO) Price Target to C$119.00

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).