Brookfield Residential Properties (BRP) Posts Quarterly Results
Brookfield Residential Properties (NYSE:BRP) posted its quarterly earnings results on Friday. The company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.10, American Banking News.com reports.
Shares of Brookfield Residential Properties (NYSE:BRP) opened at 18.62 on Friday. Brookfield Residential Properties has a 52-week low of $18.24 and a 52-week high of $24.50. The stock has a 50-day moving average of $19.79 and a 200-day moving average of $20.68. The company has a market cap of $2.179 billion and a price-to-earnings ratio of 13.35.
On the ratings front, analysts at RBC Capital downgraded shares of Brookfield Residential Properties from an “outperform” rating to a “sector perform” rating in a research note on Thursday, May 29th. They now have a $23.00 price target on the stock.
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