Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Markets & Finance

Citigroup Downgrades Brunswick

Citigroup downgrades Brunswick Corp (BC) to hold from buy.

Analyst Liz Osur says the stock yesterday closed at just below $49. She says the key message is she thinks Brunswick already reflects most of peak earnings per share expectations, and there appears to be limited opportunity for a rise in peak forecasts.

She also cites a potential risk to near-term earnings per share due to dealer checks that indicate high fuel prices are starting to impact consumer demand and forecasts for rising materials costs.

Further, Osur cites fundamental business concerns, including soft demand for smaller boats. For now, she keeps her $3.30 2005 earnings per share and her $4.05 2006 earnings per share estimates, but cuts her $54 target to $51.

blog comments powered by Disqus