Wells Fargo (NYSE:WFC) analyst Elyse Greenspan maintained a Buy rating on BRP (NASDAQ:DOOO) Group on Wednesday, setting a price target of $39, which is approximately 24.72% above the present share price of $31.27.
Greenspan expects BRP Group to post earnings per share (EPS) of -$0.22 for the third quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Strong Buy rating of shares in BRP Group, with an average price target of $35.33.
The analysts price targets range from a high of $39 to a low of $29.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $119.71 million and a net profit of $126 thousand. The company's market cap is $3.12 billion.
According to TipRanks.com, Wells Fargo analyst Elyse Greenspan is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 12.0% and a 67.40% success rate.
BRP Group, Inc. provides insurance services. It operates through the following four segments: Middle Market, Specialty, Mainstreet, and Medicare. The Middle Market segment provides private risk management, commercial risk management and employee benefits solutions for mid-to-large size businesses and high net worth individuals and families. The Specialty segment is a wholesale co-brokerage platform, which delivers specialty insurers, professionals, individuals and niche industry businesses expanded access to exclusive specialty markets, capabilities and programs requiring complex underwriting and placement. The Mainstreet segment offers personal insurance, commercial insurance and life and health solutions to individuals and businesses in their communities. The Medicare segment offers consultation for government assistance programs and solutions, including traditional Medicare and Medicare Advantage. The company was founded by Elizabeth H. Krystyn, Laura R. Sherman and Lowry L. Baldwin in 2011 and is headquartered in Tampa, FL.