Jefferies Maintains Their Hold Rating on Brown-Forman B (BF.B)


Jefferies analyst Kevin Grundy maintained a Hold rating on Brown-Forman B (BF.B) yesterday and set a price target of $47. The company’s shares closed yesterday at $46.52, close to its 52-week low of $45.29.

According to TipRanks.com, Grundy is a 4-star analyst with an average return of 6.1% and a 61.1% success rate. Grundy covers the Consumer Goods sector, focusing on stocks such as Coca-Cola European Partners plc, Constellation Brands Inc, and Edgewell Personal Care.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Brown-Forman B with a $56 average price target.

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Brown-Forman B’s market cap is currently $22.19B and has a P/E ratio of 29.94. The company has a Price to Book ratio of 14.82.

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Brown-Forman Corp. engages in the production and distribution of alcoholic beverages. The firm also offers champagne, liqueur, scotch, tequila, vodka, whiskey and wine. Its brands include Jack Daniel, Finlandia, Herradura, El Jimador, New Mix, Canadian Mist, Chambord, Woodford Reserve, Sonoma Cutrer and Korbel.

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