Key Analysts at Robert W. Baird Didn’t Change their ‘”Buy”’ rating for Brunswick Corporation (NYSE:BC) Shares Today. Their TP is $65.0

April 17, 2018 - By Michael Collier

Brunswick Corporation (NYSE:BC) Logo

Investors sentiment decreased to 1 in Q4 2017. Its down 0.18, from 1.18 in 2017Q3. It dropped, as 32 investors sold Brunswick Corporation shares while 112 reduced holdings. 46 funds opened positions while 98 raised stakes. 79.48 million shares or 0.47% less from 79.86 million shares in 2017Q3 were reported.

Ing Groep Nv stated it has 0.01% of its portfolio in Brunswick Corporation (NYSE:BC). 10,033 are held by Campbell & Inv Adviser Ltd Liability Corporation. Lenox Wealth Mngmt Incorporated, Ohio-based fund reported 1,579 shares. Walleye Trading Ltd Liability Co invested in 7,373 shares. The Oregon-based Ferguson Wellman Capital Mgmt Incorporated has invested 0.01% in Brunswick Corporation (NYSE:BC). Cwm Llc stated it has 0% in Brunswick Corporation (NYSE:BC). Cubic Asset Management Limited Liability stated it has 1.96% of its portfolio in Brunswick Corporation (NYSE:BC). Pnc Financial Services Group Inc Inc accumulated 2,946 shares. Lpl Financial Llc stated it has 4,023 shares. Profund Advisors Limited Liability Corp stated it has 0.02% of its portfolio in Brunswick Corporation (NYSE:BC). Grandfield Dodd Ltd Liability Co has invested 1.08% in Brunswick Corporation (NYSE:BC). Epoch Investment Partners holds 0.09% of its portfolio in Brunswick Corporation (NYSE:BC) for 480,773 shares. Moors Cabot Inc invested 0.03% of its portfolio in Brunswick Corporation (NYSE:BC). Oregon Employees Retirement Fund holds 0.03% of its portfolio in Brunswick Corporation (NYSE:BC) for 32,924 shares. Ubs Asset Mngmt Americas reported 0% in Brunswick Corporation (NYSE:BC).

Since December 15, 2017, it had 0 insider purchases, and 2 insider sales for $390,150 activity. Pfeifer John C had sold 3,780 shares worth $207,756.

Brunswick Corporation (NYSE:BC) Rating Reaffirmed

The financial firm has just set a PT of $65.0 on Brunswick Corporation (NYSE:BC) shares. This is 5.43 % from the last stock close. In an analyst report issued to clients on 22 December, Robert W. Baird kept their “Buy” rating on shares of BC.

Investors sentiment decreased to 1 in Q4 2017. Its down 0.18, from 1.18 in 2017Q3. It dropped, as 32 investors sold Brunswick Corporation shares while 112 reduced holdings. 46 funds opened positions while 98 raised stakes. 79.48 million shares or 0.47% less from 79.86 million shares in 2017Q3 were reported.

Ing Groep Nv stated it has 0.01% of its portfolio in Brunswick Corporation (NYSE:BC). 10,033 are held by Campbell & Inv Adviser Ltd Liability Corporation. Lenox Wealth Mngmt Incorporated, Ohio-based fund reported 1,579 shares. Walleye Trading Ltd Liability Co invested in 7,373 shares. The Oregon-based Ferguson Wellman Capital Mgmt Incorporated has invested 0.01% in Brunswick Corporation (NYSE:BC). Cwm Llc stated it has 0% in Brunswick Corporation (NYSE:BC). Cubic Asset Management Limited Liability stated it has 1.96% of its portfolio in Brunswick Corporation (NYSE:BC). Pnc Financial Services Group Inc Inc accumulated 2,946 shares. Lpl Financial Llc stated it has 4,023 shares. Profund Advisors Limited Liability Corp stated it has 0.02% of its portfolio in Brunswick Corporation (NYSE:BC). Grandfield Dodd Ltd Liability Co has invested 1.08% in Brunswick Corporation (NYSE:BC). Epoch Investment Partners holds 0.09% of its portfolio in Brunswick Corporation (NYSE:BC) for 480,773 shares. Moors Cabot Inc invested 0.03% of its portfolio in Brunswick Corporation (NYSE:BC). Oregon Employees Retirement Fund holds 0.03% of its portfolio in Brunswick Corporation (NYSE:BC) for 32,924 shares. Ubs Asset Mngmt Americas reported 0% in Brunswick Corporation (NYSE:BC).

Since December 15, 2017, it had 0 insider purchases, and 2 insider sales for $390,150 activity. Pfeifer John C had sold 3,780 shares worth $207,756.

Brunswick Corporation (NYSE:BC) Ratings Coverage

Among 15 analysts covering Brunswick Corporation (NYSE:BC), 13 have Buy rating, 0 Sell and 2 Hold. Therefore 87% are positive. Brunswick Corporation has $80 highest and $56.0 lowest target. $70.36’s average target is 14.13% above currents $61.65 stock price. Brunswick Corporation had 38 analyst reports since October 19, 2017 according to SRatingsIntel. The stock has “Buy” rating by Northcoast on Wednesday, February 7. The company was maintained on Wednesday, October 18 by KeyBanc Capital Markets. Stifel Nicolaus maintained the shares of BC in report on Thursday, February 1 with “Buy” rating. As per Tuesday, December 19, the company rating was maintained by RBC Capital Markets. Stifel Nicolaus maintained the shares of BC in report on Thursday, April 12 with “Buy” rating. The company was maintained on Thursday, October 26 by KeyBanc Capital Markets. The firm earned “Buy” rating on Tuesday, February 6 by Citigroup. The rating was maintained by Robert W. Baird with “Buy” on Thursday, February 1. The rating was maintained by SunTrust on Thursday, January 25 with “Buy”. The rating was downgraded by CL King on Friday, February 2 to “Neutral”.

The stock increased 1.92% or $1.16 during the last trading session, reaching $61.65. About 578,835 shares traded. Brunswick Corporation (NYSE:BC) has declined 3.37% since April 17, 2017 and is downtrending. It has underperformed by 14.92% the S&P500.

Analysts await Brunswick Corporation (NYSE:BC) to report earnings on April, 26. They expect $0.95 earnings per share, up 13.10 % or $0.11 from last year’s $0.84 per share. BC’s profit will be $83.00M for 16.22 P/E if the $0.95 EPS becomes a reality.

Brunswick Corporation designs, manufactures, and markets recreation products worldwide. The company has market cap of $5.39 billion. The companyÂ’s Marine Engine segment offers outboard, sterndrive, and inboard engine and propulsion systems; marine electronics and control integration systems, steering systems, instruments, controls, propellers, trolling motors, fuel systems, service parts, and lubricants; and diesel propulsion systems to the recreational and commercial marine markets. It has a 37.92 P/E ratio. It serves independent boat builders and end users, as well as local, state, and foreign governments through marine dealers and distributors, specialty marine retailers, and marine service centers under the Mercury, Mercury MerCruiser, Mariner, Mercury Racing, Mercury Sport Jet, Mercury Jet Drive, Mercury Diesel, Sea Pro, Axius, Zeus, Quicksilver, Mercury Precision Parts, Mercury Propellers, Attwood, Garelick, Whale, Land 'N' Sea, Kellogg Marine Supply, Payne's Marine Group, BLA, Seachoice, and MotorGuide brand names.

Brunswick Corporation (NYSE:BC) Institutional Positions Chart

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