<div id="readability-page-1"><p><span>BRP (TSE:DOO - Get Free Report)</span> had its target price increased by stock analysts at CIBC  from C$115.00 to C$118.00 in a research note issued on Friday,BayStreet.CA reports. The brokerage currently has an &#34;outperform&#34; rating on the stock. CIBC's price objective indicates a potential upside of 11.44% from the company's current price.</p><ul><li>These 2 Powersports Stocks Can Rev Up Your Portfolio   </li></ul><p>A number of other brokerages have also recently issued reports on DOO. Citigroup raised shares of BRP from a &#34;hold&#34; rating to a &#34;buy&#34; rating and upped their target price for the company from C$93.00 to C$102.00 in a report on Wednesday, October 1st. Scotiabank boosted their price target on BRP from C$98.00 to C$102.00 and gave the stock a &#34;sector perform&#34; rating in a research report on Tuesday, October 14th. National Bankshares upped their price objective on BRP from C$101.00 to C$105.00 in a research note on Tuesday, November 18th. Royal Bank Of Canada lifted their target price on BRP from C$100.00 to C$107.00 and gave the stock an &#34;outperform&#34; rating in a research note on Thursday, October 16th. Finally, Stifel Nicolaus boosted their target price on BRP from C$106.00 to C$120.00 and gave the stock a &#34;buy&#34; rating in a report on Friday. Four research analysts have rated the stock with a Strong Buy rating, nine have assigned  a Buy rating and two have issued  a Hold rating to the stock. Based on data from MarketBeat.com, BRP currently has a consensus rating of &#34;Buy&#34; and a consensus price target of C$109.08.</p><p><b>View Our Latest Stock Report on DOO</b></p><h2>BRP Stock Performance</h2><p>DOO stock traded up C$0.86 during trading hours on Friday, reaching C$105.89. The stock had a trading volume of 231,880 shares, compared to its average volume of 187,128. The stock has a market capitalization of C$7.74 billion, a PE ratio of -211.78, a price-to-earnings-growth ratio of 2.05 and a beta of 1.07. The company has a debt-to-equity ratio of 573.79, a current ratio of 1.37 and a quick ratio of 0.20. The stock has a 50-day simple moving average of C$91.79 and a 200 day simple moving average of C$78.71. BRP has a fifty-two week low of C$43.88 and a fifty-two week high of C$108.90. </p><h2>BRP Company Profile</h2> (Get Free Report)<p>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.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than BRP</li><li>3 Natural Gas Stocks That Offer Great Dividend Yields</li><li>Snowflake Stock: The Dip That Smart Investors Are Buying Right Now</li><li>Uptrend Stocks Explained: Learn How to Trade Using Uptrends</li><li>Kraken Robotics Stock Exploded 1,000%—Now Wall Street Is Paying Attention</li><li>Conference Calls and Individual Investors</li><li>Kroger Stock Analysis: Digital Pivot, Dividend Safety &amp; 2026 Growth Plan</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PVRTRSZTeW1ib2w9RE9P?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-UHJlZml4PVRTRSZTeW1ib2w9RE9P"/></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 reporting and unbiased coverage. 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 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>CIBC has increased its target price for BRP (TSE:DOO) from C$115.00 to C$118.00, maintaining an "outperform" rating. This suggests a potential upside of 11.44% from the current price. Other analysts have also raised their target prices, with a consensus "Buy" rating and a target of C$109.08. BRP's stock traded at C$105.89, with a market cap of C$7.74 billion.</p>

BRP (TSE:DOO) Stock Price Expected to Rise, CIBC Analyst Says