Brown Forman (BF.B) – Analysts’ Recent Ratings Updates
Several analysts have recently updated their ratings and price targets for Brown Forman (NYSE: BF.B):
- 12/7/2017 – Brown Forman had its “neutral” rating reaffirmed by analysts at Credit Suisse Group AG. They now have a $61.00 price target on the stock, up previously from $55.00.
- 12/7/2017 – Brown Forman was upgraded by analysts at Societe Generale from a “sell” rating to a “hold” rating.
- 12/7/2017 – Brown Forman was downgraded by analysts at Pivotal Research from a “buy” rating to a “hold” rating. They now have a $65.00 price target on the stock, up previously from $62.00.
- 12/6/2017 – Brown Forman had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $69.00 price target on the stock, up previously from $49.00.
Brown Forman Corporation (BF.B) opened at $65.84 on Friday. The company has a market capitalization of $36,650.00, a price-to-earnings ratio of 33.91 and a beta of 0.95. Brown Forman Corporation has a 12-month low of $43.72 and a 12-month high of $67.98. The company has a debt-to-equity ratio of 1.04, a current ratio of 2.53 and a quick ratio of 1.24.
Brown Forman (NYSE:BF.B) last issued its earnings results on Wednesday, December 6th. The company reported $0.62 EPS for the quarter, topping the consensus estimate of $0.53 by $0.09. The firm had revenue of $914.00 million during the quarter, compared to analysts’ expectations of $870.60 million. Brown Forman had a return on equity of 53.15% and a net margin of 18.39%. Brown Forman’s quarterly revenue was up 10.1% compared to the same quarter last year. During the same period last year, the business earned $0.50 earnings per share. analysts predict that Brown Forman Corporation will post 1.95 EPS for the current year.
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.
Receive News & Ratings for Brown Forman Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brown Forman Corporation and related companies with MarketBeat.com's FREE daily email newsletter.