Canaccord Genuity analyst Derek Dley maintained a Buy rating on BRP (NASDAQ:DOOO) Inc on Monday, setting a price target of C$70, which is approximately 4.59% above the present share price of $50.8.
Dley expects BRP Inc to post earnings per share (EPS) of -$2.58 for the third quarter of 2020.
The current consensus among 10 TipRanks analysts is for a Moderate Buy rating of shares in BRP, with an average price target of $47.86.
The analysts price targets range from a high of $56.17 to a low of $34.16.
In its latest earnings report, released on 04/30/2020, the company reported a quarterly revenue of $1.23 billion and a net profit of $59 million. The company's market cap is $4.43 billion.
According to TipRanks.com, Canaccord Genuity analyst Derek Dley is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 6.1% and a 56.06% success rate.
BRP, Inc. is a holding company, which engages in the design, development, manufacture, distribution, and marketing of power sports vehicles and marine products. Its brands include Ski-Doo, Lynx, Sea-Doo, Evinrude, Rotax, Can-Am, and Alumacraft. The company was founded on May 1, 2003 and is headquartered in Valcourt, Canada.