Several analysts have recently updated their ratings and price targets for Brunswick Corporation (NYSE: BC):

  • 9/8/2017 – Brunswick Corporation had its “buy” rating reaffirmed by analysts at Robert W. Baird. They now have a $68.00 price target on the stock.
  • 9/7/2017 – Brunswick Corporation had its “buy” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $68.00 price target on the stock.
  • 9/3/2017 – Brunswick Corporation was upgraded by analysts at Forward View from a “hold” rating to a “buy” rating. They now have a $60.00 price target on the stock.
  • 8/31/2017 – Brunswick Corporation had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $67.00 price target on the stock.
  • 8/31/2017 – Brunswick Corporation had its “buy” rating reaffirmed by analysts at KeyCorp. They now have a $62.00 price target on the stock.
  • 8/30/2017 – Brunswick Corporation had its “overweight” rating reaffirmed by analysts at KeyCorp. They now have a $62.00 price target on the stock.
  • 8/18/2017 – Brunswick Corporation was downgraded by analysts at Wedbush from an “outperform” rating to a “neutral” rating. They now have a $60.00 price target on the stock, down previously from $66.00.
  • 8/18/2017 – Brunswick Corporation had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $56.00 price target on the stock.
  • 8/17/2017 – Brunswick Corporation had its “buy” rating reaffirmed by analysts at Aegis. They now have a $73.00 price target on the stock.
  • 8/11/2017 – Brunswick Corporation was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 8/2/2017 – Brunswick Corporation had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $70.00 price target on the stock.
  • 7/31/2017 – Brunswick Corporation was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 7/31/2017 – Brunswick Corporation was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Brunswick Corporation is a manufacturer and marketer of leading consumer brands in four segments: Marine Engines, Boats, Fitness and Bowling & Billiards. The company also owns and operates: Brunswick bowling centers across the United States and internationally; Land ‘N’ Sea, a distributor of marine parts and accessories; and Omni Fitness, a chain of specialty fitness equipment retail stores. “
  • 7/30/2017 – Brunswick Corporation was given a new $60.00 price target on by analysts at Forward View. They now have a “hold” rating on the stock.
  • 7/28/2017 – Brunswick Corporation had its “buy” rating reaffirmed by analysts at B. Riley. They now have a $70.00 price target on the stock.
  • 7/28/2017 – Brunswick Corporation had its price target lowered by analysts at BMO Capital Markets from $72.00 to $68.00. They now have an “outperform” rating on the stock.
  • 7/24/2017 – Brunswick Corporation was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Brunswick Corporation is a manufacturer and marketer of leading consumer brands in four segments: Marine Engines, Boats, Fitness and Bowling & Billiards. The company also owns and operates: Brunswick bowling centers across the United States and internationally; Land ‘N’ Sea, a distributor of marine parts and accessories; and Omni Fitness, a chain of specialty fitness equipment retail stores. “
  • 7/24/2017 – Brunswick Corporation was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.

Brunswick Corporation (NYSE:BC) traded down 0.04% during trading on Friday, reaching $53.35. The company’s stock had a trading volume of 1,148,286 shares. The firm’s 50-day moving average price is $53.82 and its 200 day moving average price is $57.96. The company has a market capitalization of $4.73 billion, a P/E ratio of 16.93 and a beta of 1.82. Brunswick Corporation has a 12-month low of $42.02 and a 12-month high of $63.82.

Brunswick Corporation (NYSE:BC) last issued its earnings results on Thursday, July 27th. The company reported $1.35 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.33 by $0.02. Brunswick Corporation had a return on equity of 23.35% and a net margin of 6.13%. The business had revenue of $1.35 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same period in the prior year, the business earned $1.17 EPS. The business’s revenue for the quarter was up 8.8% compared to the same quarter last year. On average, analysts predict that Brunswick Corporation will post $4.05 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, September 15th. Stockholders of record on Tuesday, August 22nd will be given a $0.165 dividend. This represents a $0.66 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend is Friday, August 18th. Brunswick Corporation’s payout ratio is 20.95%.

In other news, Chairman Mark D. Schwabero sold 2,738 shares of the stock in a transaction dated Friday, July 14th. The stock was sold at an average price of $63.72, for a total value of $174,465.36. Following the transaction, the chairman now directly owns 219,783 shares of the company’s stock, valued at $14,004,572.76. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider William Metzger sold 15,301 shares of the stock in a transaction dated Friday, June 23rd. The shares were sold at an average price of $62.50, for a total value of $956,312.50. The disclosure for this sale can be found here. Over the last three months, insiders sold 50,880 shares of company stock valued at $3,224,030. Corporate insiders own 1.00% of the company’s stock.

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.

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