Hansen, Mueller Industries director, sells $105,710 in stock
Investing.com - Benchmark raised its price target on Brunswick Corp (NYSE:BC) to $75.00 from $70.00 on Friday, while maintaining a Buy rating on the recreational marine products company. The stock, currently trading at $70.65, has shown strong momentum with a 35.5% price return over the past six months. According to InvestingPro analysis, Brunswick is currently trading above its Fair Value.
The price target increase follows Brunswick’s third-quarter 2025 results released on Thursday, which exceeded expectations across all metrics. The positive earnings report drove Brunswick shares up 8.5% in Thursday’s trading session. The $4.59 billion market cap company maintains strong financial health, with InvestingPro data showing liquid assets exceeding short-term obligations and a comfortable current ratio of 1.68.
Brunswick, which manufactures marine engines, boats, and related parts and accessories, demonstrated stronger-than-expected performance despite challenging market conditions in the recreational marine industry.
Benchmark’s analysis indicates that while their financial model supports a potentially higher valuation for Brunswick, the firm prefers to see confirmation of sustained business momentum before considering further price target increases.
The research firm’s continued Buy rating reflects confidence in Brunswick’s business fundamentals and market position within the recreational boating sector.
In other recent news, Brunswick Corporation reported robust financial results for the third quarter of 2025, surpassing Wall Street expectations. The company achieved an adjusted earnings per share (EPS) of $0.97, exceeding the forecasted $0.86, marking a 12.79% earnings surprise. Revenue also outperformed projections, reaching $1.36 billion compared to the anticipated $1.26 billion. Additionally, BMO Capital has raised its price target for Brunswick to $75 from $65, maintaining an Outperform rating. This adjustment follows Brunswick’s strong quarterly results and stable internal boat retail demand. These developments reflect positive momentum for Brunswick and have garnered favorable attention from analysts.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.