It’s been a crucial week for Brown-Forman Corporation (NYSE:BF.B); here’s what analysts have to say.

June 20, 2017 - By Dolores Ford

 It's been a crucial week for Brown Forman Corporation (NYSE:BF.B); here's what analysts have to say.

Brown-Forman Corporation (NYSE:BF.B) Ratings Coverage

Among 9 analysts covering Brown-Forman (NYSE:BF.B), 1 have Buy rating, 2 Sell and 6 Hold. Therefore 11% are positive. Brown-Forman had 16 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus with “Hold” on Wednesday, March 8. RBC Capital Markets downgraded Brown-Forman Corporation (NYSE:BF.B) rating on Monday, January 4. RBC Capital Markets has “Sector Perform” rating and $109 target. SunTrust downgraded Brown-Forman Corporation (NYSE:BF.B) on Thursday, December 22 to “Hold” rating. On Friday, September 16 the stock rating was initiated by Credit Suisse with “Outperform”. Suntrust Robinson downgraded the stock to “Hold” rating in Thursday, December 22 report. The company was initiated on Tuesday, July 21 by Sterne Agee CRT. Stifel Nicolaus maintained Brown-Forman Corporation (NYSE:BF.B) on Thursday, August 27 with “Buy” rating. Stifel Nicolaus maintained Brown-Forman Corporation (NYSE:BF.B) rating on Thursday, December 8. Stifel Nicolaus has “Hold” rating and $42 target. Stifel Nicolaus downgraded the stock to “Hold” rating in Friday, October 23 report. The stock has “Neutral” rating by Sterne Agee CRT on Friday, February 26. Below is a list of Brown-Forman Corporation (NYSE:BF.B) latest ratings and price target changes.

23/05/2017 Broker: RBC Capital Markets Rating: Hold New Target: $51.00 Maintain
08/03/2017 Broker: Stifel Nicolaus Rating: Hold Old Target: $42.00 New Target: $45.00 Maintain
22/12/2016 Broker: Suntrust Robinson Old Rating: Buy New Rating: Hold Downgrade
22/12/2016 Broker: SunTrust Old Rating: Buy New Rating: Hold Downgrade

The stock increased 0.10% or $0.05 during the last trading session, reaching $49.52. About shares traded. Brown-Forman Corporation (NYSE:BF.B) has risen 11.07% since June 20, 2016 and is uptrending. It has underperformed by 5.63% the S&P500.

Brown-Forman Corporation is a spirit and wine company. The company has market cap of $19.12 billion. The Firm makes, bottles, imports, exports, markets and sells a range of alcoholic beverages. It has a 28.94 P/E ratio. The Firm has a portfolio of approximately 40 spirit, wine and ready-to-drink cocktail brands.

More notable recent Brown-Forman Corporation (NYSE:BF.B) news were published by: Zacks.com which released: “Brown-Forman (BF.B) Q4 Earnings: What Awaits the Stock?” on June 01, 2017, also Businesswire.com with their article: “Brown-Forman Recognized as Best for Vets: Employers 2017 List” published on June 01, 2017, Nasdaq.com published: “Brown-Forman (BF.B) Misses on Q4 Earnings, Stock Dips 1.6%” on June 07, 2017. More interesting news about Brown-Forman Corporation (NYSE:BF.B) were released by: Seekingalpha.com and their article: “Brown-Forman Is Just Fine On Its Own” published on May 29, 2017 as well as Nasdaq.com‘s news article titled: “Brown-Forman Corp (BF.B) Files 10-K for the Fiscal Year Ended on April 30, 2017” with publication date: June 16, 2017.

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