Jefferies Assumes Brunswick Corp (BC) at Buy

March 30, 2021 8:12 AM EDT
Get Alerts BC Hot Sheet
Price: $103.07 --0%

Rating Summary:
    12 Buy, 4 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 17 | Down: 10 | New: 10
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Jefferies analyst Anna Glaessgen assumes coverage on Brunswick Corp (NYSE: BC) with a Buy rating and a price target of $115.00.

The analyst commented, "We assume coverage at Buy. The industry backdrop is at its healthiest in recent memory(underscored by a surge in new, younger, boaters), and we believe BC's unique growth levers position it to capture outsized benefit. Adding in a favorable inventory backfill dynamic that supports wholesale growth several years out, we see upward bias to EPSestimates and believe a premium multiple is deserved. Buy; raising estimates, PT."

For an analyst ratings summary and ratings history on Brunswick Corp click here. For more ratings news on Brunswick Corp click here.

Shares of Brunswick Corp closed at $94.18 yesterday.

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