Brunswick (NYSE:BC)‘s stock had its “buy” rating reiterated by investment analysts at Robert W. Baird in a note issued to investors on Friday. They currently have a $65.00 target price on the stock. Robert W. Baird’s price target indicates a potential upside of 16.61% from the stock’s current price.

Several other research analysts also recently weighed in on the company. BMO Capital Markets reaffirmed a “buy” rating and set a $68.00 target price on shares of Brunswick in a research note on Friday, October 13th. Royal Bank of Canada reaffirmed a “buy” rating on shares of Brunswick in a research note on Tuesday, October 3rd. ValuEngine raised Brunswick from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Stifel Nicolaus reaffirmed a “buy” rating and issued a $68.00 price target on shares of Brunswick in a research note on Thursday, September 7th. Finally, Forward View raised Brunswick from a “hold” rating to a “buy” rating and set a $60.00 target price on the stock in a research note on Sunday, September 3rd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and twelve have assigned a buy rating to the stock. Brunswick has an average rating of “Buy” and an average target price of $63.23.

Brunswick (NYSE:BC) traded down $0.25 on Friday, reaching $55.74. 551,500 shares of the company’s stock traded hands, compared to its average volume of 1,060,570. Brunswick has a 1-year low of $48.04 and a 1-year high of $63.82. The company has a quick ratio of 0.95, a current ratio of 1.81 and a debt-to-equity ratio of 0.28. The company has a market cap of $4,887.83, a PE ratio of 17.98, a P/E/G ratio of 0.89 and a beta of 1.90.

Brunswick (NYSE:BC) last issued its quarterly earnings data on Thursday, October 26th. The company reported $0.91 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $1.00 by ($0.09). The business had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.16 billion. Brunswick had a return on equity of 22.71% and a net margin of 5.93%. Brunswick’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter last year, the company earned $0.91 EPS. research analysts forecast that Brunswick will post 3.85 earnings per share for the current fiscal year.

In other Brunswick news, insider John C. Pfeifer sold 3,780 shares of the business’s stock in a transaction dated Tuesday, December 19th. The stock was sold at an average price of $54.96, for a total transaction of $207,748.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 1.00% of the stock is currently owned by insiders.

Hedge funds and other institutional investors have recently made changes to their positions in the business. Advisors Asset Management Inc. purchased a new stake in shares of Brunswick in the second quarter valued at $134,000. Ladenburg Thalmann Financial Services Inc. increased its stake in shares of Brunswick by 1,158.4% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,391 shares of the company’s stock worth $132,000 after acquiring an additional 2,201 shares during the last quarter. Bronfman E.L. Rothschild L.P. increased its stake in shares of Brunswick by 149.8% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 2,550 shares of the company’s stock worth $160,000 after acquiring an additional 1,529 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Brunswick by 9.5% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,217 shares of the company’s stock worth $202,000 after acquiring an additional 280 shares during the last quarter. Finally, Advisor Group Inc. increased its stake in shares of Brunswick by 2.7% in the second quarter. Advisor Group Inc. now owns 3,306 shares of the company’s stock worth $202,000 after acquiring an additional 87 shares during the last quarter. Hedge funds and other institutional investors own 92.18% of the company’s stock.

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About Brunswick

Brunswick Corporation is a designer, manufacturer and marketer of recreation products. The Company operates through three segments: Marine Engine, Boat and Fitness. The Company’s product includes marine engines, boats, fitness equipment and active recreation products. The Company’s engine-related products include outboard, sterndrive and inboard engines; trolling motors; propellers; engine control systems; and marine parts and accessories.

Analyst Recommendations for Brunswick (NYSE:BC)

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