BRP (DOOO) Stock Forecast & Price Target

$61.75

+0.82 (+1.35%)

(As of 12:45 PM ET)

BRP - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Hold
Based on 9 Analyst Ratings

Based on 9 Wall Street analysts who have issued ratings for BRP in the last 12 months, the stock has a consensus rating of "Hold." Out of the 9 analysts, 7 have given a hold rating, 1 has given a buy rating, and 1 has given a strong buy rating for DOOO.

Consensus Price Target

$97.00
57.09% Upside

High Forecast	$137.00
Average Forecast	$97.00
Low Forecast	$65.00

According to the 9 analysts' twelve-month price targets for BRP, the average price target is $97.00. The highest price target for DOOO is $137.00, while the lowest price target for DOOO is $65.00. The average price target represents a forecasted upside of 57.09% from the current price of $61.75.

Type	Current Forecast 9/20/23 to 9/19/24	1 Month Ago 8/21/23 to 8/20/24	3 Months Ago 6/22/23 to 6/21/24	1 Year Ago 9/20/22 to 9/20/23
Consensus Rating	Hold	Moderate Buy	Moderate Buy	Moderate Buy
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	2 Buy rating(s)	2 Buy rating(s)	4 Buy rating(s)
Hold	7 Hold rating(s)	2 Hold rating(s)	2 Hold rating(s)	1 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$97.00	$106.25	$109.75	$110.00
Forecasted Upside	57.09% Upside	50.94% Upside	53.95% Upside	47.93% Upside

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DOOO Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

DOOO Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

BRP Stock vs. The Competition

Type	BRP	Auto/Tires/Trucks Companies	S&P 500
Consensus Rating Score	2.33	2.46	2.50
Consensus Rating	Hold	Hold	Moderate Buy
Predicted Upside	57.09% Upside	145.64% Upside	6.57% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
9/13/2024	UBS Group 4 of 5 stars		Lower Target	Neutral ➝ Neutral	$66.00 ➝ $65.00	+4.45%
9/9/2024	Cibc World Mkts 0 of 5 stars	M. Petrie Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Strong-Buy ➝ Hold
9/9/2024	Citigroup 3 of 5 stars		Lower Target	Buy ➝ Buy	$80.00 ➝ $75.00	+23.72%
9/9/2024	Scotiabank Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Goldman Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Sector Outperform ➝ Sector Perform
9/8/2024	Desjardins Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Poirier Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Moderate Buy ➝ Hold
8/21/2024	National Bank Financial Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. Doerksen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Sector Perform
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8/21/2024	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
6/3/2024	CIBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Outperformer ➝ Outperformer	$110.00 ➝ $100.00	+55.26%
4/1/2024	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Strong-Buy ➝ Strong-Buy	$114.00 ➝ $108.00	+51.11%
12/1/2023	Canaccord Genuity Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Downgrade	Buy ➝ Hold
9/11/2023	Royal Bank of Canada Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$141.00 ➝ C$147.00
9/8/2023	BMO Capital Markets Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target		C$154.00 ➝ C$150.00
9/8/2023	TD Securities Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		C$110.00 ➝ C$115.00
6/13/2023	DA Davidson Subscribe to MarketBeat All Access for the recommendation accuracy rating	B. Rolle Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$111.00 ➝ $126.00	+67.87%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 01:09 PM ET.

DOOO Forecast - Frequently Asked Questions

What is BRP's forecast for 2024?: According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for BRP is $97.00, with a high forecast of $137.00 and a low forecast of $65.00.
Should I buy or sell BRP stock right now?: 9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for BRP in the last year. There are currently 7 hold ratings, 1 buy rating and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" DOOO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DOOO, but not buy additional shares or sell existing shares.
Does BRP's stock price have much upside?: According to analysts, BRP's stock has a predicted upside of 47.75% based on their 12-month stock forecasts.
Has BRP been downgraded by Wall Street analysts recently?: Over the previous 90 days, BRP's stock had 5 downgrades by analysts.
What analysts cover BRP?: BRP has been rated by research analysts at Cibc World Mkts, Citigroup, Desjardins, National Bank Financial, Scotiabank, Stifel Nicolaus, and UBS Group in the past 90 days.
Do Wall Street analysts like BRP more than its competitors?: Analysts like BRP less than other "auto/tires/trucks" companies. The consensus rating score for BRP is 2.33 while the average consensus rating score for "auto/tires/trucks" companies is 2.46. Learn more on how DOOO compares to other companies.