Analyst Tristan M. Thomas-Martin from BMO Capital maintained a Buy rating on Brunswick and increased the price target to $75.00 from $65.00.
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Tristan M. Thomas-Martin has given his Buy rating due to a combination of factors that highlight Brunswick’s potential for growth and resilience in the market. The company’s third-quarter performance exceeded expectations, particularly in the internal boat retail sector, which remained stable year-over-year. Despite facing challenges such as tariff impacts and facility rationalization, Brunswick’s management has maintained its guidance for 2025 and provided optimistic initial projections for 2026.
Brunswick’s internal retail performance has outpaced the industry, driven by strong results in premium and core product segments. The company’s dealer sentiment remains stable, supported by low inventory levels, which are mostly fresh. Furthermore, Brunswick is expected to benefit from market share gains, potential restocking, and internal improvements. The company’s projections for 2026 include significant sales and earnings growth, supported by strategic moves such as consolidating production facilities and leveraging pricing advantages. These factors collectively underpin Thomas-Martin’s positive outlook on Brunswick’s stock.
M. Thomas-Martin covers the Consumer Cyclical sector, focusing on stocks such as Brunswick, Winnebago Industries, and Advance Auto Parts. According to TipRanks, M. Thomas-Martin has an average return of 1.9% and a 56.41% success rate on recommended stocks.
In another report released today, TR | OpenAI – 4o also upgraded the stock to a Buy with a $79.00 price target.