<div id="readability-page-1"><p><span>BRP (NASDAQ:DOOO - Get Free Report)</span> had its target price increased by investment analysts at Citigroup  from $51.00 to $68.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has a &#34;neutral&#34; rating on the stock. Citigroup's price target would indicate a potential upside of 3.79% from the stock's current price.</p><ul><li>These 2 Powersports Stocks Can Rev Up Your Portfolio   </li></ul><p>A number of other equities research analysts have also commented on the stock. Scotiabank  reiterated a &#34;sector perform&#34; rating on shares of BRP in a report on Tuesday. TD Securities raised shares of BRP from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research report on Friday, May 30th. Canaccord Genuity Group raised shares of BRP from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research report on Tuesday. CIBC raised shares of BRP from a &#34;neutral&#34; rating to a &#34;sector outperform&#34; rating in a research report on Tuesday. Finally, Royal Bank Of Canada  reaffirmed an &#34;outperform&#34; rating on shares of BRP in a research report on Tuesday. Four investment analysts have rated the stock with a Strong Buy rating, four have issued  a Buy rating and six have assigned  a Hold rating to the stock. Based on data from MarketBeat, the stock  has a consensus rating of &#34;Moderate Buy&#34; and an average target price of $62.75.</p><p><b>Read Our Latest Stock Report on BRP</b></p><h2>BRP Price Performance</h2><p>BRP stock traded down $1.19 during mid-day trading on Wednesday, hitting $65.52. 206,781 shares of the company traded hands, compared to its average volume of 243,074. BRP has a one year low of $31.78 and a one year high of $69.70. The stock has a market cap of $4.78 billion, a price-to-earnings ratio of -272.23 and a beta of 1.19. The company has a debt-to-equity ratio of 5.85, a quick ratio of 0.58 and a current ratio of 1.34. The stock has a fifty day moving average price of $52.81 and a 200-day moving average price of $43.71. </p><p>BRP (NASDAQ:DOOO - Get Free Report) last announced its earnings results on Friday, August 29th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.33 by $0.34. The business had revenue of $1.36 billion during the quarter, compared to analyst estimates of $1.77 billion. BRP had a negative net margin of 0.34% and a positive return on equity of 64.24%.  BRP has set its FY 2026 guidance at 3.090-3.460 EPS. On average, equities analysts predict that  BRP will post 3.15 earnings per share for the current fiscal year. </p><h2>Hedge Funds Weigh In On BRP</h2><p>Institutional investors have recently made changes to their positions in the business. Sagard Holdings Management Inc. bought a new position in shares of  BRP in the 2nd quarter worth approximately $41,000.  Raymond James Financial Inc. bought a new position in shares of  BRP in the 2nd quarter worth approximately $60,000.  Acadian Asset Management LLC bought a new position in shares of  BRP in the 1st quarter worth approximately $70,000.  State of Wyoming purchased a new stake in  BRP in the 1st quarter worth approximately $93,000.  Finally, Russell Investments Group Ltd. increased its holdings in  BRP by 75.3% in the 1st quarter. Russell Investments Group Ltd. now owns 3,820 shares of the company's stock worth $129,000 after acquiring an additional 1,641 shares in the last quarter. </p><h2>About BRP</h2> (Get Free Report)<p>BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and marine products in the United States, Canada, Europe, the Asia Pacific, Mexico, Austria, and internationally. The Powersports segment offers year-round products, such as Can-Am all-terrain vehicles, side-by-side vehicles, and three-wheeled vehicles; and seasonal products, including Ski-Doo and Lynx snowmobiles, Sea-Doo personal watercrafts and pontoons, Rotax engines for karts and recreational aircraft, and Pinion gearboxes with smart shift systems.</p><h2>See Also</h2><ul><li>Five stocks we like better than BRP</li><li>How to find penny stocks to invest and trade </li><li>IREN Is Up 186% YTD on AI Pivot—And It’s Just Getting Started</li><li>How to Invest in Insurance Companies: A Guide </li><li>Rocket Lab Strengthens Case for Breakout With New Launch Pad</li><li>3 Tickers Leading a Meme Stock Revival</li><li>Opera Limited Stock Set to End 2025 on a High Note</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RE9PTw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9RE9PTw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in BRP Right Now?</h2><p>Before you consider BRP, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BRP wasn't on the list.</p><p>While BRP currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

DOOO

<p>Citigroup has raised its target price for BRP (NASDAQ:DOOO) from $51.00 to $68.00, maintaining a "neutral" rating. This new target suggests a potential upside of 3.79% from the current price. Other analysts have also shown positive sentiment, with several upgrades in ratings. BRP's stock is currently trading at $65.52, with a market cap of $4.78 billion. The company reported earnings of $0.67 per share, exceeding estimates, and has set FY 2026 guidance at 3.090-3.460 EPS.</p>

Citigroup Forecasts Strong Price Appreciation for BRP (NASDAQ:DOOO) Stock