Somewhat Positive Media Coverage Somewhat Unlikely to Impact BF-B (BF-B) Share Price
Media coverage about BF-B (NASDAQ:BF-B) has been trending somewhat positive on Wednesday, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. BF-B earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave headlines about the consumer goods maker an impact score of 44.0744708535995 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news headlines that may have impacted Accern’s analysis:
- Dome of light to delight visitors to Louvre Abu Dhabi (tucson.com)
- The Latest: Cuba says no clues yet to who attacked diplomats (greensboro.com)
- Obama alma mater offers scholarships in his honor (lompocrecord.com)
- Senator: Russian trolls using NFL debate to sow discord (helenair.com)
- Murphysboro couple stumped after they’re told their property is ‘landlocked’ by railroad (thesouthern.com)
Shares of BF-B (BF-B) traded down 0.87% during trading on Wednesday, hitting $53.49. 552,271 shares of the company’s stock were exchanged. The company has a 50-day moving average of $51.36 and a 200-day moving average of $49.20. BF-B has a 12-month low of $43.72 and a 12-month high of $59.71. The company has a market cap of $20.55 billion and a P/E ratio of 29.54.
BF-B has been the subject of a number of recent research reports. BidaskClub raised shares of BF-B from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Citigroup Inc. reissued a “neutral” rating and issued a $58.00 price objective (up from $54.00) on shares of BF-B in a research note on Friday, September 1st. Credit Suisse Group reissued a “neutral” rating on shares of BF-B in a research note on Thursday, June 8th. Societe Generale reissued a “sell” rating on shares of BF-B in a research note on Thursday, June 8th. Finally, Stifel Nicolaus reissued a “hold” rating and issued a $49.00 price objective (up from $45.00) on shares of BF-B in a research note on Friday, June 9th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has issued a buy rating to the company’s stock. BF-B presently has a consensus rating of “Hold” and a consensus target price of $51.00.
Brown-Forman Corporation manufactures, bottles, imports, exports, markets, and sells various alcoholic beverages worldwide. It provides spirits, wines, ready-to-drink cocktails, whiskey, vodka, tequilas, champagnes, brandy, and liqueur. The company offers its products primarily under the Jack Daniels, Gentleman Jack, Korbel, Woodford Reserve, Finlandia, el Jimador, Herradura, Sonoma-Cutrer, Canadian Mist, GlenDronach, BenRiach, Glenglassaugh, Chambord, Early Times, Old Forester, Pepe Lopez, Antiguo, Coopers Craft, Collingwood, and Slane Irish brands.
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