Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for Brunswick Corp (NYSE: BC) weakened during the last several trading days. BC’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
On 8/9/24, Brunswick Corp (NYSE: BC) stock declined modestly by -2.0%, closing at $74.65. However, this decline was accompanied by unusually low trading volume at 56% of normal. Relative to the market the stock has been weak over the last nine months and has declined -3.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, BC is expected to continue to be a major Value Builder.
Brunswick has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Brunswick has a neutral Appreciation Score of 47 but a poor Power Rating of 26, producing the Negative Value Trend Rating.
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