BRP Receives Average Rating of “Buy” from Brokerages (TSE:DOO)
Shares of BRP (TSE:DOO) have been given an average recommendation of “Buy” by the ten analysts that are currently covering the company, AnalystRatings.NET reports. Ten analysts have rated the stock with a buy rating, The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is C$33.67.
A number of research firms have recently commented on DOO. Analysts at Scotiabank reiterated a “sector outperform” rating on shares of BRP in a research note on Friday, June 13th. Separately, analysts at RBC Capital raised their price target on shares of BRP from C$34.00 to C$35.00 in a research note on Friday, June 13th. They now have an “outperform” rating on the stock. Finally, analysts at Canaccord Genuity raised their price target on shares of BRP from C$35.00 to C$37.00 in a research note on Friday, June 13th. They now have a “buy” rating on the stock.
Shares of BRP (TSE:DOO) opened at 27.05 on Friday. BRP has a one year low of $24.15 and a one year high of $31.98. The stock has a 50-day moving average of $29.05 and a 200-day moving average of $29.23. The company has a market cap of $3.200 billion and a P/E ratio of 53.85.
BRP (TSE:DOO) last issued its quarterly earnings data on Friday, June 13th. The company reported $0.14 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.09 by $0.05. On average, analysts predict that BRP will post $1.59 earnings per share for the current fiscal year.
BRP Inc is engaged in designing, manufacturing, marketing and distribution of recreational powersport products.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.