Pivotal Research analyst Timothy Ramey maintained a Buy rating on Brown-Forman B (BF.B) yesterday and set a price target of $65. The company’s shares closed yesterday at $54.10, close to its 52-week high of $55.08.
According to TipRanks.com, Ramey is a 4-star analyst with an average return of 6.6% and a 53.8% success rate. Ramey covers the Consumer Goods sector, focusing on stocks such as Constellation Brands Inc, Post Holdings Inc, and Flowers Foods.
Currently, the analyst consensus on Brown-Forman B is a Moderate Buy with an average price target of $65.
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Brown-Forman B’s market cap is currently $25.81B and has a P/E ratio of 33.18. The company has a Price to Book ratio of 17.29.
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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.
