Brown Forman (NYSE:BF.B) was upgraded by Societe Generale from a “sell” rating to a “hold” rating in a research report issued on Thursday.
Several other equities analysts have also recently issued reports on the stock. Pivotal Research cut shares of Brown Forman from a “buy” rating to a “hold” rating and lifted their price objective for the stock from $62.00 to $65.00 in a research note on Thursday. Stifel Nicolaus reaffirmed a “hold” rating and issued a $69.00 price objective (up previously from $49.00) on shares of Brown Forman in a research note on Wednesday. Cowen reaffirmed a “hold” rating and issued a $54.00 price objective on shares of Brown Forman in a research note on Thursday, October 12th. SunTrust Banks reaffirmed a “hold” rating and issued a $50.00 price objective on shares of Brown Forman in a research note on Friday, October 6th. Finally, Royal Bank Of Canada reiterated a “hold” rating and issued a $51.00 target price on shares of Brown Forman in a report on Tuesday, October 3rd. Eleven equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus target price of $55.10.
Brown Forman (BF.B) opened at $65.85 on Thursday. The stock has a market cap of $23,828.58, a P/E ratio of 34.26 and a beta of 0.96. The company has a quick ratio of 1.07, a current ratio of 2.30 and a debt-to-equity ratio of 1.21. Brown Forman has a 52 week low of $43.72 and a 52 week high of $67.98.
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Brown Forman Company Profile
Brown-Forman Corporation is a spirit and wine company. The Company manufactures, bottles, imports, exports, markets and sells a range of alcoholic beverages. The Company has a portfolio of approximately 40 spirit, wine and ready-to-drink cocktail (RTD) brands. Its principal brands include Jack Daniel’s Tennessee Whiskey, Jack Daniel’s RTDs, Jack Daniel’s Tennessee Honey, Gentleman Jack Rare Tennessee Whiskey, Jack Daniel’s Tennessee Fire, Jack Daniel’s Single Barrel Collection, Jack Daniel’s Sinatra Select, Jack Daniel’s Winter Jack, Jack Daniel’s No.
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