BRP Inc (TSE:DOO) – Desjardins lowered their Q3 2018 EPS estimates for BRP in a research report issued on Tuesday. Desjardins analyst B. Poirier now anticipates that the company will earn $0.96 per share for the quarter, down from their previous forecast of $1.03. Desjardins currently has a “Buy” rating and a $46.00 target price on the stock. Desjardins also issued estimates for BRP’s Q4 2018 earnings at $0.99 EPS and FY2018 earnings at $2.33 EPS.

A number of other analysts have also commented on DOO. BMO Capital Markets restated an “outperform” rating and set a C$46.00 target price on shares of BRP in a research report on Tuesday. Scotiabank lifted their price target on shares of BRP from C$41.00 to C$46.00 and gave the company an “outperform” rating in a report on Tuesday. Royal Bank Of Canada reaffirmed an “outperform” rating and set a C$43.00 price target on shares of BRP in a report on Monday, August 21st. National Bank Financial lifted their price target on shares of BRP from C$45.00 to C$46.00 and gave the company an “outperform” rating in a report on Friday, September 1st. Finally, CIBC lifted their price target on shares of BRP from C$34.00 to C$42.00 in a report on Friday, June 2nd. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Buy” and an average price target of C$41.13.

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BRP (TSE:DOO) traded up 2.47% during midday trading on Thursday, hitting $40.73. The stock had a trading volume of 49,450 shares. The company has a market cap of $4.55 billion and a price-to-earnings ratio of 35.92. The company’s 50 day moving average is $40.35 and its 200 day moving average is $34.82. BRP has a 1-year low of $22.20 and a 1-year high of $43.88.

In other BRP news, Director Michael Hanley sold 5,100 shares of the business’s stock in a transaction on Friday, June 23rd. The shares were sold at an average price of C$40.30, for a total transaction of C$205,530.00. Also, Director Edward Michael Philip sold 1,000 shares of the business’s stock in a transaction on Wednesday, July 12th. The shares were sold at an average price of C$39.69, for a total transaction of C$39,690.00. In the last ninety days, insiders have sold 24,693 shares of company stock worth $970,447.

BRP Company Profile

BRP Inc is engaged in the design, development, manufacturing, distribution and marketing of power sports vehicles and propulsion systems. The Company manufactures and sells Year-Round Products consisting of all-terrain vehicles (ATVs), side-by-side vehicles (SSVs) and roadsters; Seasonal Products consisting of snowmobiles and personal watercrafts (PWCs), and Propulsion Products consisting of engines for outboard and jet boats, karts, motorcycles and recreational aircraft.

Earnings History and Estimates for BRP (TSE:DOO)

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