BF-B (BF-B) Upgraded by BidaskClub to Buy
BidaskClub upgraded shares of BF-B (NASDAQ:BF-B) from a hold rating to a buy rating in a research report released on Friday.
Several other research analysts also recently commented on BF-B. Goldman Sachs Group, Inc. (The) raised BF-B from a sell rating to a neutral rating and raised their price objective for the stock from $51.00 to $56.00 in a research note on Thursday, September 28th. Citigroup Inc. reaffirmed a neutral rating and issued a $58.00 price objective (up previously from $54.00) on shares of BF-B in a research note on Friday, September 1st. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of Hold and an average target price of $51.71.
BF-B (BF-B) traded up 0.13% on Friday, reaching $55.25. The company’s stock had a trading volume of 727,243 shares. The stock has a market cap of $21.23 billion and a P/E ratio of 30.51. BF-B has a one year low of $43.72 and a one year high of $59.71. The stock has a 50-day moving average of $53.89 and a 200-day moving average of $50.13.
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BF-B Company Profile
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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