Stifel Nicolaus analyst Drew Crum maintained a Buy rating on Brunswick (BC – Research Report) yesterday and set a price target of $88.00. The company’s shares closed yesterday at $69.47.
Crum covers the Technology sector, focusing on stocks such as Electronic Arts, CD Projekt SA, and Take-Two. According to TipRanks, Crum has an average return of 11.3% and a 56.44% success rate on recommended stocks.
In addition to Stifel Nicolaus, Brunswick also received a Buy from B.Riley Financial’s Eric Wold in a report issued on October 27. However, on October 30, D.A. Davidson maintained a Hold rating on Brunswick (NYSE: BC).
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BC market cap is currently $4.74B and has a P/E ratio of 9.66.
Based on the recent corporate insider activity of 82 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BC in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Brunswick (BC) Company Description:
Brunswick Corp. engages in the design, manufacture, and marketing of recreation products, including marine engines, boats, fitness equipment, and active recreation products. It operates through the following segments: Marine Engine and Boat. The Marine segment manufactures and sells recreational marine engines and marine parts and accessories. The Boat segment produces and markets boats such as fiberglass pleasure, sport cruiser, sport fishing and center-console, offshore fishing, aluminum and fiberglass fishing, pontoon, utility, deck, inflatable, and heavy-gauge aluminum. The company was founded by John Brunswick in 1845 and is headquartered in Mettawa, IL.
Read More on BC:
- Brunswick Corporation Reports Exceptionally Strong Sales and Share Gains during the 2023 Fort Lauderdale International Boat Show
- Brunswick price target lowered to $77 from $94 at DA Davidson
- Brunswick management to meet with Roth MKM
- Brunswick price target lowered to $90 from $95 at Truist
- Brunswick price target lowered to $85 from $91 at Roth MKM
