KeyBanc Issues a Buy Rating on Brunswick Corporation

By Jason Carr

KeyBanc analyst Scott Hamann assigned a Buy rating to Brunswick Corporation (NYSE: BC) today and set a price target of $62. The company’s shares closed yesterday at $52.32.

Hamann has an average return of 7.4% when recommending Brunswick Corporation.

According to TipRanks.com, Hamann is ranked #1325 out of 4629 analysts.

Currently, the analyst consensus on Brunswick Corporation is Strong Buy and the average price target is $64.88, representing a 24.0% upside.

In a report released yesterday, RBC Capital also reiterated a Buy rating on the stock with a $67 price target.

Brunswick Corporation’s market cap is currently $4.64B and has a P/E ratio of 16.59. The company has a book value ratio of 3.0009.

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Brunswick Corp. designs, manufactures and markets recreation products, including marine engines, boats, fitness equipment and active recreation products. It operates through the following segments: Marine Engine, Boat and Fitness.