BRP:UBS Maintains Neutral, Raises PT to $70 from $35

BRP:UBS Maintains Neutral, Raises PT to $70 from $35

September 2, 2025

In a recent update, UBS Group has maintained its neutral rating for BRP (TSX: DOO) while raising its price target to C$70 from C$35. This move reflects a significant upward revision in the stock's valuation.

According to the latest report from UBS, the bank has raised its price target for BRP by C$35, indicating a more optimistic view on the company's future performance. The neutral rating suggests that UBS believes BRP's current valuation is in line with its long-term prospects, but there is no strong indication of a significant upside or downside.

This revision comes amidst a broader trend of analyst upgrades for BRP. Over the past 90 days, BRP has seen upgrades from several analysts, including BMO Capital Markets, Canaccord Genuity Group, and TD Securities. The consensus among analysts is a "moderate buy" rating, with 6 analysts rating the stock as a buy and 2 rating it as a strong buy [1].

The average price target for BRP, as calculated by MarketBeat, is C$91.69, with a high forecast of C$108.00 and a low forecast of C$50.00. This indicates a predicted upside of 1.46% from the current price of C$90.37 [1].

UBS's decision to raise the price target while maintaining a neutral rating suggests a cautious but bullish outlook on BRP's prospects. Investors should closely monitor BRP's earnings and other market developments to gauge the impact of this rating change.

References:
[1] https://www.marketbeat.com/stocks/TSE/DOO/forecast/