BRP Inc Shs Subord.Voting
DOO: XTSE (CAN)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
CAD 725.00 | Ngmv | Ltlntqshvv |
BRP Delivers Additional Market Share Gains, Displaying Brand Prowess; Shares Attractive
We don’t plan any material change to our CAD 136 ($101) fair value estimate for BRP after incorporating better-than-expected fourth-quarter results and tamer-than-projected fiscal 2024 expectations into our model. We view shares as undervalued, trading at a more than 20% discount.