Citi Sticks to Their Hold Rating for Brown-Forman B (BF.B)
In a report released today, Filippo Falorni from Citi reiterated a Hold rating on Brown-Forman B (BF.B – Research Report), with a price target of $35.00. The company’s shares closed yesterday at $34.09.
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Falorni covers the Consumer Defensive sector, focusing on stocks such as Brown-Forman B, Monster Beverage, and PepsiCo. According to TipRanks, Falorni has an average return of -1.5% and a 57.55% success rate on recommended stocks.
Currently, the analyst consensus on Brown-Forman B is a Hold with an average price target of $37.06.
Based on Brown-Forman B’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $1.04 billion and a net profit of $270 million. In comparison, last year the company earned a revenue of $1.07 billion and had a net profit of $285 million
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