Brunswick (NYSE:BC) Stock Price Target Lowered at JPMorgan Chase & Co.

Key Points

• JPMorgan lowered Brunswick’s price target from $80 to $66 while maintaining a “neutral” rating, implying roughly 0.5% upside from the stock’s reported price.
• Brunswick shares fell 3.9% to $65.66, trading below both their 50-day and 200-day moving averages. Analysts’ consensus remains a “Moderate Buy,” with an average target of $84.75.
• The company exceeded quarterly expectations, reporting $1.56 in adjusted EPS versus the $1.19 consensus and revenue of $1.56 billion; institutional investors own approximately 99.34% of its shares.

Brunswick (NYSE:BC - Get Free Report) had its price target dropped by research analysts at JPMorgan Chase & Co. from $80.00 to $66.00 in a research report issued to clients and investors on Friday, Benzinga reports. The brokerage currently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s price objective indicates a potential upside of 0.52% from the stock's current price.

Several other equities research analysts have also issued reports on BC. DA Davidson restated a "neutral" rating and issued a $76.00 target price on shares of Brunswick in a report on Monday, August 17th. Royal Bank Of Canada set a $66.00 price objective on shares of Brunswick in a research report on Friday. Robert W. Baird set a $92.00 price objective on shares of Brunswick in a research note on Friday, July 31st. Truist Financial set a $81.00 price objective on shares of Brunswick in a research note on Friday. Finally, William Blair set a $94.00 target price on Brunswick in a research report on Thursday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Brunswick presently has a consensus rating of "Moderate Buy" and a consensus target price of $84.75.

Brunswick Trading Down 3.9%

NYSE BC traded down $2.63 during trading hours on Friday, hitting $65.66. 253,618 shares of the company were exchanged, compared to its average volume of 806,928. The stock has a 50-day moving average price of $70.20 and a 200 day moving average price of $76.79. The company has a quick ratio of 0.65, a current ratio of 1.45 and a debt-to-equity ratio of 1.08. Brunswick has a 52 week low of $59.06 and a 52 week high of $90.25. The stock has a market cap of $4.25 billion, a PE ratio of -50.22 and a beta of 1.38.

Brunswick (NYSE:BC - Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $1.56 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.19 by $0.37. The business had revenue of $1.56 billion for the quarter, compared to the consensus estimate of $1.52 billion. Brunswick had a positive return on equity of 15.28% and a negative net margin of 1.53%. The company's quarterly revenue was up 7.7% compared to the same quarter last year. During the same period in the prior year, the business posted $0.90 earnings per share. Brunswick has set its Q3 2026 guidance at 1.200-1.400 EPS and its FY 2026 guidance at 4.350-4.750 EPS. Analysts forecast that Brunswick will post 4.55 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Brunswick

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Summit Securities Group LLC bought a new position in Brunswick in the 1st quarter worth about $27,000. Millstone Evans Group LLC purchased a new stake in shares of Brunswick in the first quarter valued at approximately $29,000. Root Financial Partners LLC purchased a new stake in shares of Brunswick in the third quarter valued at approximately $30,000. Reyes Financial Architecture Inc. purchased a new stake in shares of Brunswick in the third quarter valued at approximately $31,000. Finally, CoreCap Advisors LLC grew its stake in Brunswick by 162.7% in the third quarter. CoreCap Advisors LLC now owns 528 shares of the company's stock worth $34,000 after purchasing an additional 327 shares in the last quarter. Institutional investors own 99.34% of the company's stock.

Brunswick Company Profile

Brunswick Corporation NYSE: BC is a marine recreation company that designs, manufactures and distributes products used in boating and related recreational activities. Its portfolio includes marine propulsion systems, boats, engines, electronics, boat control systems and other components, as well as parts and accessories.

The company's marine businesses include Mercury Marine, which produces outboard, sterndrive and inboard engines, and a range of boat brands such as Boston Whaler, Sea Ray, Bayliner, Lund, Harris and Princecraft.

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