BRP (DOO) to Release Quarterly Earnings on Friday

BRP (DOO) to Release Quarterly Earnings on Friday

BRP (TSE:DOO – Get Rating) is set to issue its quarterly earnings data before the market opens on Friday, March 25th. Analysts expect the company to announce earnings of C$2.50 per share for the quarter.

Shares of DOO opened at C$88.70 on Friday. BRP has a 12-month low of C$73.74 and a 12-month high of C$129.98. The business has a 50-day simple moving average of C$95.49 and a two-hundred day simple moving average of C$105.88. The stock has a market cap of C$7.27 billion and a PE ratio of 9.06.

DOO has been the subject of a number of recent research reports. National Bankshares lowered their target price on BRP from C$128.00 to C$124.00 and set an “outperform” rating for the company in a report on Thursday, March 3rd. Scotiabank assumed coverage on BRP in a research report on Friday, December 17th. They issued a “buy” rating and a C$127.00 price target on the stock. TD Securities reduced their price target on BRP from C$140.00 to C$115.00 and set a “buy” rating on the stock in a research report on Tuesday, March 8th. CIBC reduced their price target on BRP from C$135.00 to C$114.00 and set an “outperform” rating on the stock in a research report on Wednesday. Finally, National Bank Financial reiterated an “outperform overweight” rating on shares of BRP in a research report on Monday, November 22nd. Eight equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat.com, BRP presently has a consensus rating of “Buy” and an average price target of C$130.60.

BRP Company Profile 

BRP Inc, together with its subsidiaries, designs, develops, manufactures, distributes, and markets powersports vehicles and marine products worldwide. It operates in two segments, Powersports and Marine. The company offers all-terrain, side-by-side, and three-wheeled vehicles; seasonal products, such as snowmobiles and personal watercraft; and engines for jet boats, outboards, karts, motorcycles, and recreational aircraft.

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