Brown-Forman B Gets a Hold Rating from Stifel Nicolaus

By Carrie Williams

In a report released yesterday, Mark Swartzberg from Stifel Nicolaus reiterated a Hold rating on Brown-Forman B (NYSE: BF.B), with a price target of $69. The company’s shares closed yesterday at $65.85, close to its 52-week high of $67.98.

According to TipRanks.com, Swartzberg is a 4-star analyst with an average return of 10.7% and a 61.7% success rate. Swartzberg covers the Consumer Goods sector, focusing on stocks such as Constellation Brands Inc, Anheuser-Busch Inbev Sa, and Coca-Cola Enterprises.

Brown-Forman B has an analyst consensus of Hold, with a price target consensus of $57.25.

The company has a one-year high of $67.98 and a one-year low of $43.72. Currently, Brown-Forman B has an average volume of 781.7K.

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