In a report released today, Eric Wold from B.Riley Financial reiterated a Buy rating on Brunswick (BC – Research Report), with a price target of $100.00. The company’s shares closed yesterday at $76.28.
Wold covers the Consumer Cyclical sector, focusing on stocks such as IMAX, AMC Entertainment, and SeaWorld. According to TipRanks, Wold has an average return of 2.8% and a 42.60% success rate on recommended stocks.
Brunswick has an analyst consensus of Moderate Buy, with a price target consensus of $98.75.
See the top stocks recommended by analysts >>
The company has a one-year high of $91.80 and a one-year low of $63.28. Currently, Brunswick has an average volume of 649.5K.
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 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 success and records at the 2023 Cannes Boat Show
- Brunswick to host investor day
- Tesla upgraded, Rent The Runway downgraded: Wall Street’s top analyst calls
- Brunswick Corporation to host 2023 Investor Day on September 18
- Brunswick downgraded to Neutral from Overweight at JPMorgan
