Brunswick (NYSE:BC)‘s stock had its “buy” rating reissued by stock analysts at Imperial Capital in a research report issued to clients and investors on Wednesday. They presently have a $65.00 price target on the stock. Imperial Capital’s price objective points to a potential upside of 18.31% from the company’s current price. The analysts noted that the move was a valuation call.

A number of other equities research analysts have also recently weighed in on the company. Aegis restated a “buy” rating and set a $73.00 price objective on shares of Brunswick in a research note on Thursday, August 17th. Northcoast Research raised Brunswick from a “neutral” rating to a “buy” rating in a research report on Friday, November 3rd. ValuEngine lowered Brunswick from a “buy” rating to a “hold” rating in a research report on Wednesday, September 20th. Forward View raised Brunswick from a “hold” rating to a “buy” rating and set a $60.00 target price on the stock in a research report on Sunday, September 3rd. Finally, Zacks Investment Research raised Brunswick from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and thirteen have issued a buy rating to the stock. Brunswick has a consensus rating of “Buy” and an average price target of $62.86.

Shares of Brunswick (NYSE:BC) traded down $0.65 during mid-day trading on Wednesday, hitting $54.94. The company’s stock had a trading volume of 877,200 shares, compared to its average volume of 1,062,917. Brunswick has a twelve month low of $48.04 and a twelve month high of $63.82. The stock has a market cap of $4,874.68, a PE ratio of 14.74, a price-to-earnings-growth ratio of 0.89 and a beta of 1.90. The company has a quick ratio of 0.95, a current ratio of 1.81 and a debt-to-equity ratio of 0.28.

Brunswick (NYSE:BC) last issued 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 firm had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Brunswick had a return on equity of 22.71% and a net margin of 5.93%. Brunswick’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.91 earnings per share. analysts forecast that Brunswick will post 3.85 EPS for the current fiscal year.

A number of institutional investors have recently bought and sold shares of the stock. Ladenburg Thalmann Financial Services Inc. increased its holdings in shares of 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 last quarter. Advisors Asset Management Inc. acquired a new stake in shares of Brunswick in the second quarter valued at approximately $134,000. Bronfman E.L. Rothschild L.P. increased its stake in 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 last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in 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 last quarter. Finally, Advisor Group Inc. increased its stake in 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 last quarter. 92.66% of the stock is currently owned by hedge funds and other institutional investors.

ILLEGAL ACTIVITY WARNING: This story was reported by Watch List News and is the sole property of of Watch List News. If you are accessing this story on another publication, it was copied illegally and reposted in violation of U.S. and international trademark and copyright legislation. The original version of this story can be viewed at https://www.watchlistnews.com/brunswick-bc-rating-reiterated-by-imperial-capital/1765683.html.

About Brunswick

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)

Receive News & Ratings for Brunswick Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brunswick and related companies with MarketBeat.com's FREE daily email newsletter.