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Brown-Forman - BF.B Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $49.57
  • Forecasted Upside: 20.09%
  • Number of Analysts: 9
  • Breakdown:
  • 2 Sell Ratings
  • 5 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$41.28 As of 12/20/2024 06:15 PM ET
▼ -0.08 (-0.19%)

This chart shows the closing price for BF.B by one month, three months, or twelve months.

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Analyst Price Target for BF.B

Analyst Price Target is $49.57
▲ +20.09% Upside Potential
This price target is based on 9 analysts offering 12 month price targets for Brown-Forman in the last 3 months. The average price target is $49.57, with a high forecast of $58.00 and a low forecast of $43.00. The average price target represents a 20.09% upside from the last price of $41.28.

This chart shows the closing price for BF.B for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 9 polled investment analysts is to hold stock in Brown-Forman. This rating has held steady since September 2024, when it changed from a Reduce consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
6/29/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
9/27/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
12/26/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
3/25/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
6/23/2024
  • 0 strong buy ratings
  • 0 buy ratings
  • 2 hold ratings
  • 1 sell ratings
Ratings as of
9/21/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 3 hold ratings
  • 1 sell ratings
Ratings as of
11/20/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 2 sell ratings
Ratings as of
12/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 5 hold ratings
  • 2 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/17/2024JPMorgan Chase & Co.DowngradeNeutral ➝ Underweight$45.00 ➝ $43.00
12/16/2024Truist FinancialDowngradeBuy ➝ Hold$50.00 ➝ $45.00
12/6/2024Needham & Company LLCInitiated CoverageHold
11/25/2024BNP ParibasInitiated CoverageOutperform$48.00
11/6/2024TD CowenDowngradeBuy ➝ Hold$50.00 ➝ $48.00
9/30/2024BarclaysUpgradeEqual Weight ➝ Overweight$43.00 ➝ $53.00
8/30/2024Redburn AtlanticUpgradeStrong Sell
4/2/2024CitigroupUpgradeSell ➝ Neutral$52.00
1/29/2024Morgan StanleyDowngradeOverweight ➝ Equal Weight$68.00 ➝ $58.00
9/11/2023Sanford C. BernsteinUpgradeMarket Perform ➝ Outperform$73.00 ➝ $76.40
9/1/2023BarclaysBoost Target$70.00 ➝ $71.00
8/31/2023Roth MkmBoost TargetNeutral$66.00 ➝ $69.00
8/31/2023Royal Bank of CanadaLower Target$68.00 ➝ $67.00
8/23/2023Morgan StanleyUpgradeUnderweight ➝ Overweight$66.00 ➝ $75.00
8/21/2023Deutsche Bank AktiengesellschaftBoost Target$65.00 ➝ $66.00
7/20/2023BarclaysBoost Target$67.00 ➝ $70.00
6/12/2023Deutsche Bank AktiengesellschaftLower Target$66.00 ➝ $65.00
6/8/2023Royal Bank of CanadaBoost Target$66.00 ➝ $68.00
6/8/2023JPMorgan Chase & Co.Boost Target$65.00 ➝ $66.00
6/8/2023BarclaysBoost Target$66.00 ➝ $67.00
5/18/2023Deutsche Bank AktiengesellschaftLower Target$66.00 ➝ $65.00
3/20/2023Deutsche Bank AktiengesellschaftLower Target$70.00 ➝ $65.00
3/9/2023Roth CapitalReiterated RatingNeutral
2/16/2023CitigroupInitiated CoverageSell$62.00
12/9/2022BarclaysLower Target$73.00 ➝ $67.00
12/8/2022Royal Bank of CanadaLower Target$70.00 ➝ $66.00
12/8/2022Deutsche Bank AktiengesellschaftLower Target$73.00 ➝ $72.00
10/11/2022WedbushInitiated CoverageNeutral$70.00
9/28/2022Truist FinancialInitiated CoverageBuy ➝ Buy$80.00
8/25/2022BarclaysBoost Target$72.00 ➝ $73.00
6/10/2022BarclaysBoost Target$67.00 ➝ $68.00
6/9/2022Deutsche Bank AktiengesellschaftBoost Target$68.00 ➝ $72.00
6/1/2022Deutsche Bank AktiengesellschaftBoost Target$67.00 ➝ $68.00
3/30/2022JPMorgan Chase & Co.Lower Target$76.00 ➝ $73.00
1/25/2022Berenberg BankUpgradeHold ➝ Buy$69.20 ➝ $76.10
1/18/2022Sanford C. BernsteinInitiated CoverageMarket Perform$70.00
12/9/2021CitigroupLower TargetNeutral ➝ Neutral$80.00 ➝ $77.00
12/8/2021BarclaysLower TargetEqual Weight ➝ Equal Weight$74.00 ➝ $72.00
8/26/2021UBS GroupUpgradeSell ➝ Neutral$65.00 ➝ $70.00
2/23/2021CitigroupLower Target$84.00 ➝ $81.00
11/30/2020Deutsche Bank AktiengesellschaftBoost TargetHold$74.00 ➝ $77.00
9/4/2020BarclaysReiterated RatingHold$76.00
9/3/2020Truist FinancialBoost Target$65.00 ➝ $75.00
9/3/2020Deutsche Bank AktiengesellschaftBoost TargetHold$66.00 ➝ $74.00
4/14/2020Royal Bank of CanadaReiterated RatingHold$51.00
4/1/2020The Goldman Sachs GroupInitiated CoverageSell
3/9/2020Morgan StanleyDowngradeEqual Weight ➝ Underweight$62.00 ➝ $57.00
3/4/2020Royal Bank of CanadaReiterated RatingHold$57.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

0.17 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/24/2024
  • 0 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/23/2024
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/23/2024
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/22/2024
  • 1 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
9/21/2024
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/21/2024
  • 0 very positive mentions
  • 4 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
11/20/2024
  • 1 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/20/2024

Current Sentiment

  • 1 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

  • No very positive mentions tracked during this time.
Brown-Forman logo
Brown-Forman Corporation, together with its subsidiaries, manufactures, distills, bottles, imports, exports, markets, and sells various alcoholic beverages. It provides spirits, wines, whiskey spirits, whiskey-based flavored liqueurs, ready-to-drink and ready-to-pour products, ready-to-drink cocktails, vodkas, tequilas, champagnes, brandy, bourbons, and liqueurs. The company offers its products primarily under the Jack Daniel's, Woodford Reserve, Old Forester, Coopers' Craft, Herradura, el Jimador, New Mix, Korbel, Sonoma-Cutrer, Finlandia, GlenDronach, Benriach, Glenglassaugh, Chambord, Slane, and Fords Gin brands. It is also involved in the sale of used barrels, bulk whiskey, and wine; and provision of contract bottling services. The company serves retail customers and consumers through distributors or state governments; and retailers, wholesalers, and provincial governments directly. It has operations in the United States, Germany, Australia, the United Kingdom, Mexico, and internationally. The company was founded in 1870 and is headquartered in Louisville, Kentucky.
Read More

Today's Range

Now: $41.28
Low: $40.92
High: $41.68

50 Day Range

MA: $43.90
Low: $40.22
High: $49.55

52 Week Range

Now: $41.28
Low: $39.95
High: $60.97

Volume

5,398,669 shs

Average Volume

2,086,756 shs

Market Capitalization

$19.51 billion

P/E Ratio

19.47

Dividend Yield

2.07%

Beta

0.74

Frequently Asked Questions

What sell-side analysts currently cover shares of Brown-Forman?

The following Wall Street research analysts have issued reports on Brown-Forman in the last twelve months: Barclays PLC, BNP Paribas, Citigroup Inc., JPMorgan Chase & Co., Morgan Stanley, Needham & Company LLC, Redburn Atlantic, StockNews.com, TD Cowen, and Truist Financial Co..
View the latest analyst ratings for BF.B.

What is the current price target for Brown-Forman?

0 Wall Street analysts have set twelve-month price targets for Brown-Forman in the last year. Their average twelve-month price target is $49.57, suggesting a possible upside of 20.1%. Morgan Stanley has the highest price target set, predicting BF.B will reach $58.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $43.00 for Brown-Forman in the next year.
View the latest price targets for BF.B.

What is the current consensus analyst rating for Brown-Forman?

Brown-Forman currently has 2 sell ratings, 5 hold ratings and 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in BF.B, but not buy more shares or sell existing shares.
View the latest ratings for BF.B.

What other companies compete with Brown-Forman?

Other companies that are similar to Brown-Forman include Constellation Brands, Diageo, Keurig Dr Pepper, Ambev and Vita Coco. Learn More about companies similar to Brown-Forman.

How do I contact Brown-Forman's investor relations team?

Brown-Forman's physical mailing address is 850 Dixie Highway, LOUISVILLE KY, 40201. The company's listed phone number is 502-585-1100 and its investor relations email address is [email protected]. The official website for Brown-Forman is www.brown-forman.com. Learn More about contacing Brown-Forman investor relations.