BRP Inc (TSE:DOO) – Equities research analysts at Desjardins issued their Q3 2018 earnings per share (EPS) estimates for shares of BRP in a research report issued on Tuesday. Desjardins analyst B. Poirier forecasts that the company will post earnings per share of $0.96 for the quarter. Desjardins has a “Buy” rating on the stock. Desjardins also issued estimates for BRP’s Q4 2018 earnings at $0.99 EPS, FY2018 earnings at $2.33 EPS and FY2019 earnings at $2.63 EPS.

Several other equities research analysts have also recently weighed in on DOO. Northcoast Research cut BRP from a “buy” rating to a “neutral” rating in a research note on Tuesday, June 27th. Royal Bank Of Canada increased their price target on BRP from C$36.00 to C$43.00 and gave the company an “outperform” rating in a research note on Monday, July 24th. National Bank Financial increased their price target on BRP from C$42.00 to C$45.00 and gave the company an “outperform” rating in a research note on Wednesday, August 16th. BMO Capital Markets reissued an “outperform” rating and issued a C$46.00 price target on shares of BRP in a research note on Tuesday, September 5th. Finally, Scotiabank increased their price target on BRP from C$41.00 to C$46.00 and gave the company an “outperform” rating in a research note on Tuesday, September 5th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of C$44.25.

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Shares of BRP (DOO) traded up 1.22% during trading on Friday, reaching $39.92. The company’s stock had a trading volume of 314,374 shares. BRP has a 12 month low of $22.20 and a 12 month high of $45.68. The company’s 50 day moving average price is $40.98 and its 200 day moving average price is $37.70. The firm has a market cap of $4.13 billion and a PE ratio of 15.08.

In related news, insider Sandy Scullion sold 700 shares of the company’s stock in a transaction dated Monday, October 16th. The stock was sold at an average price of C$40.70, for a total transaction of C$28,490.00. Also, insider Martin Langelier sold 38,775 shares of the company’s stock in a transaction dated Thursday, September 21st. The shares were sold at an average price of C$41.00, for a total value of C$1,589,775.00. In the last three months, insiders sold 39,675 shares of company stock valued at $1,626,205.

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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