BRP Inc (DOOO) shares have surpassed the average analyst 12-month target price of $47.93, currently trading at $50.05. This development prompts analysts to either downgrade valuations or adjust their price targets based on recent company performance.
Among 14 analysts contributing to the average target, estimates vary widely with one set at $35.00 and another as high as $56.50, resulting in a standard deviation of $5.372. As of now, the breakdown of analyst ratings includes 5 strong buy, 2 buy, and 8 hold ratings, with no sell recommendations.
The average rating is 2.2, indicating a generally positive outlook from analysts. Investors are encouraged to assess whether the recent price surpassing the analyst target signals further growth potential or indicates an overvaluation.
