Out of 7 analysts covering Brunswick (NYSE:BC), 6 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 86% are positive. Brunswick has been the topic of 10 analyst reports since October 28, 2015 according to StockzIntelligence Inc. Imperial Capital initiated the stock on September 27 with “Outperform” rating. Below is a list of Brunswick Corporation (NYSE:BC) latest ratings and price target changes.
27/09/2016 Broker: Imperial Capital Rating: Outperform New Target: $60 Initiate
29/04/2016 Broker: RBC Capital Markets Rating: Outperform Old Target: $51.00 New Target: $54.00 Maintain
The stock decreased 0.81% or $0.4 during the last trading session, hitting $48.98. Brunswick Corporation (NYSE:BC) has risen 15.30% since February 25, 2016 and is uptrending. It has outperformed by 4.05% the S&P500.
Brunswick Corporation is a designer, maker and marketer of recreation products, including marine engines, boats, fitness and active recreation products. The company has a market cap of $4.46 billion. The Firm operates in three divisions, which include Marine Engine, Boat and Fitness. It has a 19.42 P/E ratio. The Marine Engine segment makes and markets a range of outboard engines, sterndrive engines, inboard engines and marine parts and accessories, which are principally sold directly to boat builders, including Brunswick’s Boat segment, or through marine retail dealers and distributors across the world.
Insitutional Activity: The institutional sentiment decreased to 0.97 in 2016 Q2. Its down 0.37, from 1.34 in 2016Q1. The ratio fall, as 30 funds sold all Brunswick Corporation shares owned while 114 reduced positions. 35 funds bought stakes while 104 increased positions. They now own 80.08 million shares or 7.67% less from 86.74 million shares in 2016Q1.
Daruma Capital Management Llc holds 3.51% of its portfolio in Brunswick Corporation for 1.19 million shares. Shellback Capital Lp owns 334,821 shares or 1.95% of their US portfolio. Moreover, Skyline Asset Management Lp has 1.9% invested in the company for 570,600 shares. The Connecticut-based Impala Asset Management Llc has invested 1.77% in the stock. Hodges Capital Management Inc., a Texas-based fund reported 728,906 shares.
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