Brunswick (NYSE:BC)‘s stock had its “buy” rating reiterated by equities research analysts at Imperial Capital in a report issued on Wednesday. They presently have a $65.00 price target on the stock. Imperial Capital’s target price suggests a potential upside of 16.93% from the stock’s current price. The analysts noted that the move was a valuation call.

Other equities analysts also recently issued research reports about the company. Aegis reissued a “buy” rating and set a $73.00 price target on shares of Brunswick in a research report on Thursday, August 17th. ValuEngine downgraded Brunswick from a “buy” rating to a “hold” rating in a research report on Wednesday, September 20th. B. Riley set a $65.00 price target on Brunswick and gave the stock a “buy” rating in a research report on Tuesday, October 31st. Stifel Nicolaus reissued a “buy” rating and set a $68.00 price target on shares of Brunswick in a research report on Thursday, September 7th. Finally, Forward View raised Brunswick from a “hold” rating to a “buy” rating and set a $60.00 price target on the stock in a research report on Sunday, September 3rd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $62.86.

Brunswick (NYSE BC) traded up $0.62 on Wednesday, hitting $55.59. The stock had a trading volume of 744,035 shares, compared to its average volume of 1,063,690. Brunswick has a fifty-two week low of $48.04 and a fifty-two week 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 $4,893.97, a P/E ratio of 14.80, a price-to-earnings-growth ratio of 0.89 and a beta of 1.90.

Brunswick (NYSE:BC) last posted its quarterly earnings results on Thursday, October 26th. The company reported $0.91 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.00 by ($0.09). Brunswick had a return on equity of 22.71% and a net margin of 5.93%. The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.16 billion. During the same period in the previous year, the company posted $0.91 EPS. Brunswick’s quarterly revenue was up 4.4% compared to the same quarter last year. equities analysts forecast that Brunswick will post 3.85 EPS for the current fiscal year.

A number of hedge funds have recently modified their holdings of BC. AJO LP boosted its holdings in Brunswick by 1,548.4% in the second quarter. AJO LP now owns 1,538,793 shares of the company’s stock worth $96,528,000 after acquiring an additional 1,445,444 shares in the last quarter. Prudential Financial Inc. boosted its holdings in Brunswick by 106.9% in the third quarter. Prudential Financial Inc. now owns 589,175 shares of the company’s stock worth $32,976,000 after acquiring an additional 304,470 shares in the last quarter. TimesSquare Capital Management LLC boosted its holdings in Brunswick by 17.1% in the second quarter. TimesSquare Capital Management LLC now owns 1,950,700 shares of the company’s stock worth $122,367,000 after acquiring an additional 284,300 shares in the last quarter. Canada Pension Plan Investment Board boosted its holdings in Brunswick by 249.4% in the third quarter. Canada Pension Plan Investment Board now owns 305,400 shares of the company’s stock worth $17,093,000 after acquiring an additional 218,000 shares in the last quarter. Finally, Schroder Investment Management Group boosted its holdings in Brunswick by 13.2% in the third quarter. Schroder Investment Management Group now owns 1,673,989 shares of the company’s stock worth $92,823,000 after acquiring an additional 195,394 shares in the last quarter. 92.66% of the stock is currently owned by institutional investors.

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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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