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Best Macro Conditions Since Before The Recession Leads The Way For Brunswick's Unprecedented New Product Lineup

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In a report published Friday, Wedbush Securities analyst James Hardiman reiterated an Outperform rating and $60.00 price target on Brunswick Corporation (NYSE: BC).

In the report, Wedbush Securities noted, "Attendees at the Miami boat show appear to be quite optimistic about the potential of 2015 given (1) the best backdrop of macro conditions since prior to the recession, (2) lower gas prices expected to help overall boating activity, (3) what would almost have to be better weather versus the record-breaking cold conditions from 2014, and (4) a great deal of new products from various industry participants (new clearly sells). When we layer on top of this the unprecedented number of new products and innovation coming from Brunswick boat brands and from Mercury engines, we think 2015 sets up quite nicely for BC."

Brunswick Corporation closed on Thursday at $54.69.

Latest Ratings for BC

DateFirmActionFromTo
Feb 2021BMO CapitalMaintainsMarket Perform
Feb 2021CitigroupMaintainsNeutral
Jan 2021B. Riley FBRMaintainsBuy

View More Analyst Ratings for BC
View the Latest Analyst Ratings

 

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Posted-In: James Hardiman Wedbush SecuritiesAnalyst Color Reiteration Analyst Ratings

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