Brunswick (NYSE:BC) had its price target increased by Imperial Capital from $65.00 to $70.00 in a research report report published on Monday morning, Marketbeat.com reports. Imperial Capital currently has an outperform rating on the stock. Imperial Capital also issued estimates for Brunswick’s Q1 2018 earnings at $0.90 EPS, Q2 2018 earnings at $1.51 EPS, Q3 2018 earnings at $1.16 EPS, Q4 2018 earnings at $1.03 EPS, FY2018 earnings at $4.60 EPS, Q1 2019 earnings at $0.96 EPS, Q2 2019 earnings at $1.51 EPS, Q3 2019 earnings at $1.43 EPS, Q4 2019 earnings at $1.17 EPS and FY2019 earnings at $5.07 EPS.
A number of other brokerages also recently weighed in on BC. Royal Bank of Canada cut their price target on shares of Brunswick from $67.00 to $56.00 and set an outperform rating on the stock in a research report on Monday, November 6th. Northcoast Research upgraded shares of Brunswick from a neutral rating to a buy rating in a research report on Friday, November 3rd. B. Riley increased their price target on shares of Brunswick from $65.00 to $68.00 and gave the company a buy rating in a research report on Friday, February 2nd. Zacks Investment Research upgraded shares of Brunswick from a sell rating to a hold rating in a research report on Friday, November 10th. Finally, CL King reiterated a neutral rating on shares of Brunswick in a research report on Friday, February 2nd. One research analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have issued a buy rating to the company’s stock. Brunswick has a consensus rating of Buy and an average price target of $65.47.
Brunswick (NYSE BC) opened at $56.72 on Monday. The stock has a market cap of $5,000.00, a PE ratio of 30.01, a PEG ratio of 0.79 and a beta of 1.81. The company has a debt-to-equity ratio of 0.29, a current ratio of 1.78 and a quick ratio of 1.04. Brunswick has a one year low of $48.04 and a one year high of $64.45.
In other Brunswick news, insider John C. Pfeifer sold 3,780 shares of the firm’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 transaction of $207,748.80. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 1.00% of the company’s stock.
Hedge funds have recently made changes to their positions in the business. Cerebellum GP LLC acquired a new stake in Brunswick during the 4th quarter worth approximately $128,000. Ladenburg Thalmann Financial Services Inc. raised its holdings in Brunswick by 1,158.4% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 2,391 shares of the company’s stock worth $132,000 after buying an additional 2,201 shares during the period. Advisor Group Inc. raised its holdings in Brunswick by 2.7% during the 2nd quarter. Advisor Group Inc. now owns 3,306 shares of the company’s stock worth $202,000 after buying an additional 87 shares during the period. Nomura Holdings Inc. acquired a new stake in Brunswick during the 2nd quarter worth approximately $240,000. Finally, Boothbay Fund Management LLC acquired a new stake in Brunswick during the 3rd quarter worth approximately $252,000. Hedge funds and other institutional investors own 91.53% of the company’s stock.
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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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