Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
BRP ( (TSE:DOO) ) has provided an update.
BRP Inc. and its principal shareholder, Bain Capital Integral Investors II, L.P., have announced a secondary offering of 1,500,000 subordinate voting shares on a bought deal basis with BMO Capital Markets. The offering, priced at C$90.71 per share, will not provide proceeds to BRP but will reduce Bain’s voting power in the company. The transaction is expected to close around September 12, 2025, and is part of a strategic move that includes a distribution in kind of multiple voting shares to Bain’s affiliates, impacting the company’s shareholder structure.
The most recent analyst rating on (TSE:DOO) stock is a Hold with a C$70.00 price target. To see the full list of analyst forecasts on BRP stock, see the TSE:DOO Stock Forecast page.
Spark’s Take on TSE:DOO Stock
According to Spark, TipRanks’ AI Analyst, TSE:DOO is a Neutral.
BRP’s overall stock score is driven by strong technical indicators and revenue growth, but is significantly hampered by poor profitability and high leverage. The technical analysis shows bullish momentum, which is a positive sign for short-term investors. However, the negative P/E ratio and high debt levels present substantial risks. Investors should be cautious of the overbought technical indicators, which could lead to a correction.
To see Spark’s full report on TSE:DOO stock, click here.
More about BRP
BRP Inc. is a global leader in the powersports industry, specializing in powersports products, propulsion systems, and boats. The company boasts a portfolio of industry-leading brands, including Ski-Doo and Lynx snowmobiles, as well as Sea-Doo watercraft and pontoons.
YTD Price Performance: 24.78%
Average Trading Volume: 169,676
Technical Sentiment Signal: Buy
Current Market Cap: C$6.62B
Find detailed analytics on DOO stock on TipRanks’ Stock Analysis page.