Shares of Brunswick Co. (NYSE:BC – Get Free Report) have earned a consensus rating of “Moderate Buy” from the thirteen ratings firms that are presently covering the firm, Marketbeat reports. Six equities research analysts have rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $88.15.
A number of equities analysts have issued reports on the company. Citigroup increased their target price on Brunswick from $92.00 to $101.00 and gave the stock a “buy” rating in a report on Friday, September 27th. Truist Financial decreased their price objective on Brunswick from $90.00 to $85.00 and set a “buy” rating for the company in a report on Tuesday, January 7th. Benchmark restated a “buy” rating and issued a $100.00 target price on shares of Brunswick in a research note on Friday, October 25th. Finally, B. Riley cut shares of Brunswick from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $95.00 to $88.00 in a research note on Tuesday, November 26th.
Get Our Latest Research Report on BC
Insider Transactions at Brunswick
Institutional Investors Weigh In On Brunswick
Institutional investors have recently made changes to their positions in the company. V Square Quantitative Management LLC acquired a new stake in Brunswick during the 3rd quarter worth approximately $26,000. Armstrong Advisory Group Inc. acquired a new stake in shares of Brunswick during the fourth quarter worth $39,000. Avior Wealth Management LLC boosted its position in shares of Brunswick by 1,073.7% in the third quarter. Avior Wealth Management LLC now owns 669 shares of the company’s stock valued at $56,000 after acquiring an additional 612 shares during the period. Covestor Ltd grew its stake in shares of Brunswick by 669.0% in the third quarter. Covestor Ltd now owns 969 shares of the company’s stock valued at $81,000 after acquiring an additional 843 shares in the last quarter. Finally, GAMMA Investing LLC increased its position in Brunswick by 92.5% during the third quarter. GAMMA Investing LLC now owns 1,155 shares of the company’s stock worth $97,000 after acquiring an additional 555 shares during the period. Institutional investors own 99.34% of the company’s stock.
Brunswick Stock Up 2.2 %
Shares of BC stock opened at $65.73 on Wednesday. Brunswick has a 12-month low of $62.64 and a 12-month high of $96.65. The company has a quick ratio of 0.74, a current ratio of 1.97 and a debt-to-equity ratio of 1.17. The firm has a fifty day moving average of $74.16 and a 200-day moving average of $77.04. The company has a market capitalization of $4.34 billion, a price-to-earnings ratio of 16.35 and a beta of 1.54.
About Brunswick
Brunswick Corporation designs, manufactures, and markets recreation products in the United States, Europe, the Asia-Pacific, Canada, and internationally. It operates through four segments: Propulsion, Engine P&A, Navico Group, and Boat. The Propulsion segment provides outboard, sterndrive, inboard engines, propulsion-related controls, rigging, and propellers for boat builders through marine retail dealers under the Mercury, Mercury MerCruiser, Mariner, Mercury Racing, Mercury Diesel, Avator, and Fliteboard brands.
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