Brunswick Corporation (BC) : Analyst Rating Update

Brunswick Corporation (BC) : Zacks Investment Research ranks Brunswick Corporation (BC) as 3, which is a Hold recommendation. 12 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 15 research analysts is 1.33, which indicates as a Strong Buy.

Brunswick Corporation (BC) : The highest level Brunswick Corporation (BC) is projected to reach is $70 for the short term and the lowest estimate is at $47. The consolidated price target from 12 rating analysts who initiate coverage on the stock is $59.92 and the possibility the share price can swing is $5.71.

Brunswick Corporation (NYSE:BC): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $44.56 and $44.25 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $45.28. The buying momentum continued till the end and the stock did not give up its gains. It closed at $45.24, notching a gain of 0.65% for the day. The total traded volume was 894,282 . The stock had closed at $44.95 on the previous day.

The company shares have dropped -12.00% from its 1 Year high price. On Aug 18, 2015, the shares registered one year high at $55.76 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $46.43 and the 200 Day Moving Average price is recorded at $45.64.

Brunswick Corporation (Brunswick) is a designer, manufacturer and marketer of recreation products, including marine engines, boats, fitness and billiards equipment. The Company operates in three segments: Marine Engine, Boat and Fitness. Brunswicks engine-related products include outboard, sterndrive and inboard engines; trolling motors; propellers; engine control systems, and marine parts and accessories. Its boat offerings include fiberglass pleasure boats; luxury yachts, yachts and sport yachts; offshore fishing boats; aluminum fishing boats; pontoon boats; deck boats, and inflatable boats. Its Fitness segment consists of Life Fitness division (Life Fitness), which designs, manufactures and markets a line of cardiovascular fitness equipment, including treadmills, total body cross-trainers, stair climbers and stationary exercise bicycles, and strength-training equipment under the Life Fitness, Cybex and Hammer Strength brands.

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