Brunswick (NYSE:BC) had its price target lifted by stock analysts at Royal Bank Of Canada in a note issued to investors on Wednesday. The brokerage presently has an “outperform” rating on the stock.

Several other equities analysts also recently commented on BC. Zacks Investment Research upgraded shares of Brunswick from a “sell” rating to a “hold” rating in a research note on Wednesday, October 18th. ValuEngine raised shares of Brunswick from a “hold” rating to a “buy” rating in a research report on Monday, October 2nd. BidaskClub cut shares of Brunswick from a “sell” rating to a “strong sell” rating in a research report on Friday, August 11th. Stifel Nicolaus reaffirmed a “buy” rating and set a $68.00 price objective on shares of Brunswick in a research report on Thursday, September 7th. Finally, Robert W. Baird reaffirmed a “buy” rating and set a $68.00 price objective on shares of Brunswick in a research report on Friday, September 8th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and thirteen have given a buy rating to the company. The company has an average rating of “Buy” and a consensus price target of $62.50.

Brunswick (NYSE:BC) traded up $1.33 during trading on Wednesday, reaching $55.98. 1,628,100 shares of the company traded hands, compared to its average volume of 1,057,923. Brunswick has a 12-month low of $48.04 and a 12-month high of $63.82. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.81 and a quick ratio of 0.95. The firm has a market cap of $4,792.25, a P/E ratio of 14.50, a PEG ratio of 0.87 and a beta of 1.90.

Brunswick (NYSE:BC) last posted its earnings results 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 company had revenue of $1.14 billion during the quarter, compared to analyst estimates of $1.16 billion. Brunswick had a net margin of 5.93% and a return on equity of 22.71%. The firm’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter last year, the business posted $0.91 EPS. research analysts predict that Brunswick will post 3.86 earnings per share for the current year.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Ladenburg Thalmann Financial Services Inc. increased its stake in Brunswick by 1,158.4% in the third quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,391 shares of the company’s stock valued at $132,000 after purchasing an additional 2,201 shares during the period. Advisors Asset Management Inc. acquired a new position in shares of Brunswick during the second quarter worth about $134,000. Bronfman E.L. Rothschild L.P. increased its stake in shares of Brunswick by 149.8% during 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 period. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of Brunswick by 9.5% during 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 period. Finally, Advisor Group Inc. increased its stake in shares of Brunswick by 2.7% during 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 period. Institutional investors own 92.66% of the company’s stock.

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Brunswick Company Profile

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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