Roth MKM Keeps Their Buy Rating on Brunswick (BC)
Roth MKM analyst Scott Stember reiterated a Buy rating on Brunswick today and set a price target of $94.00.
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Stember covers the Consumer Cyclical sector, focusing on stocks such as Dorman Products, Brunswick, and LCI Industries. According to TipRanks, Stember has an average return of 6.9% and a 53.53% success rate on recommended stocks.
In addition to Roth MKM, Brunswick also received a Buy from BMO Capital’s Tristan M. Thomas-Martin in a report issued on May 1. However, on the same day, KeyBanc maintained a Hold rating on Brunswick (NYSE: BC).
Based on Brunswick’s latest earnings release for the quarter ending April 4, the company reported a quarterly revenue of $1.38 billion and a net profit of $21 million. In comparison, last year the company earned a revenue of $1.22 billion and had a net profit of $20.2 million
Based on the recent corporate insider activity of 65 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BC in relation to earlier this year. Earlier this month, Nancy Cooper, a Director at BC sold 194.00 shares for a total of $15,395.84.
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