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RBC Capital Keeps Their Hold Rating on Brown-Forman B (BF.B)

Tipranks - Sat Mar 28, 6:41AM CDT

In a report released today, Nik Modi from RBC Capital maintained a Hold rating on Brown-Forman B, with a price target of $30.00.

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According to TipRanks, Modi is an analyst with an average return of -4.8% and a 43.28% success rate. Modi covers the Consumer Defensive sector, focusing on stocks such as Colgate-Palmolive, B&G Foods, and Mondelez International.

In addition to RBC Capital, Brown-Forman B also received a Hold from TipRanks – Google’s Google Beverages – Wineries and Distilleries in a report issued today. However, on the same day, TipRanks – DeepSeek upgraded Brown-Forman B (NYSE: BF.B) to a Buy.

Based on Brown-Forman B’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $1.06 billion and a net profit of $267 million. In comparison, last year the company earned a revenue of $1.04 billion and had a net profit of $270 million

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