Brunswick Co. (NYSE:BC) has been assigned a consensus rating of “Buy” from the sixteen ratings firms that are currently covering the company, Marketbeat reports. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and eleven have assigned a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $63.20.

A number of equities analysts recently issued reports on BC shares. Northcoast Research upgraded shares of Brunswick from a “neutral” rating to a “buy” rating in a research report on Friday, November 3rd. Royal Bank of Canada lowered their price objective on shares of Brunswick from $67.00 to $56.00 and set an “outperform” rating for the company in a research report on Monday, November 6th. Zacks Investment Research cut shares of Brunswick from a “hold” rating to a “sell” rating in a research report on Friday, September 29th. Imperial Capital decreased their price target on shares of Brunswick from $70.00 to $60.00 and set an “outperform” rating for the company in a research report on Tuesday, October 31st. Finally, B. Riley restated a “buy” rating on shares of Brunswick in a research report on Wednesday, December 6th.

In other Brunswick news, insider John C. Pfeifer sold 3,780 shares of the company’s stock in a transaction that occurred on Tuesday, December 19th. The shares were sold at an average price of $54.96, for a total value of $207,748.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 1.00% of the company’s stock.

Large investors have recently bought and sold shares of the company. Ladenburg Thalmann Financial Services Inc. boosted its stake in shares of Brunswick by 1,158.4% in the 3rd 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 last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Brunswick by 9.5% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,217 shares of the company’s stock valued at $202,000 after purchasing an additional 280 shares during the last quarter. Advisor Group Inc. boosted its stake in shares of Brunswick by 2.7% in the 2nd quarter. Advisor Group Inc. now owns 3,306 shares of the company’s stock valued at $202,000 after purchasing an additional 87 shares during the last quarter. Nomura Holdings Inc. bought a new stake in shares of Brunswick in the 2nd quarter valued at $240,000. Finally, TLP Group LLC bought a new stake in shares of Brunswick in the 2nd quarter valued at $251,000. 92.18% of the stock is currently owned by institutional investors.

Brunswick (NYSE BC) opened at $57.63 on Monday. The stock has a market cap of $5,053.57, a P/E ratio of 18.59, a P/E/G ratio of 0.82 and a beta of 1.91. Brunswick has a 12-month low of $48.04 and a 12-month high of $63.82. The company has a current ratio of 1.81, a quick ratio of 0.95 and a debt-to-equity ratio of 0.28.

Brunswick (NYSE:BC) last released its quarterly earnings data on Thursday, October 26th. The company reported $0.91 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $1.00 by ($0.09). The company had revenue of $1.14 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.91 earnings per share. analysts anticipate that Brunswick will post 3.85 earnings per share for the current year.

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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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