Brunswick (BC) Received its Third Buy in a Row


After Stifel Nicolaus and RBC Capital gave Brunswick (NYSE: BC) a Buy rating last month, the company received another Buy, this time from B.Riley FBR. Analyst Eric Wold reiterated a Buy rating on Brunswick today and set a price target of $80.00. The company’s shares closed last Monday at $63.98, close to its 52-week high of $64.89.

According to TipRanks.com, Wold ‘s ranking currently consits of no stars on a 0-5 ranking scale, with an average return of -5.7% and a 38.0% success rate. Wold covers the Services sector, focusing on stocks such as National Cinemedia, Cinemark Holdings, and AMC Entertainment.

Brunswick has an analyst consensus of Strong Buy, with a price target consensus of $70.43, representing a 10.9% upside. In a report issued on January 30, RBC Capital also maintained a Buy rating on the stock with a $69.00 price target.

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The company has a one-year high of $64.89 and a one-year low of $41.02. Currently, Brunswick has an average volume of 657.7K.

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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, Boat, and Fitness. The Marine segment manufactures and sells recreational marine engines and marine parts and accessories.

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