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The latest announcement is out from BRP ( (TSE:DOO) ).
BRP and its principal shareholder, Bain Capital Integral Investors II, have announced a secondary offering of 1,850,000 subordinate voting shares at C$100.00 per share, structured as a bought deal through RBC Capital Markets. The move will reduce Bain’s ownership stake and voting power in BRP, while the company itself will not receive any proceeds from the offering, which is expected to conclude on December 23, 2025, subject to customary conditions.
The most recent analyst rating on (TSE:DOO) stock is a Buy with a C$120.00 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 Canadian company operating in the recreational vehicle industry. It designs, manufactures, and distributes powersports vehicles, propulsion systems, and related recreational products, catering to both the Canadian and global markets where its products are traded on major stock exchanges such as the TSX and NASDAQ under the symbol ‘DOO’.
Average Trading Volume: 178,944
Technical Sentiment Signal: Buy
Current Market Cap: C$7.59B
See more data about DOO stock on TipRanks’ Stock Analysis page.