BMO Raises BRP Target to $75, Maintains Outperform Rating-March 2024-www.financetom.com

BMO Raises BRP Target to $75, Maintains Outperform Rating

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BMO Raises BRP Target to $75, Maintains Outperform Rating

May 30, 2025 10:15 AM

12:51 PM EDT, 05/30/2025 (MT Newswires) -- BMO has lifted its target on BRP to $75 and kept its Outperform rating after the company reported its first-quarter results. Second-quarter commentary was in line with the Street.

"Despite near-term macro headwinds weighing on retail demand and the company not providing FY2026 guidance, management sounds confident about results inflecting in FY2H26 spurred by the MY26 product rollout, channel inventory normalization, and an ability to mitigate current tariffs," writes analyst Tristan Thomas-Martin.

President and CEO Jose Boisjoli also intends to retire by the end of FY2026.

Price: 60.04, Change: +4.04, Percent Change: +7.21

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