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The word on The Street in general, suggests a Hold analyst consensus rating for Brown-Forman B with a $70.67 average price target, which is a 6.0% upside from current levels. In a report issued on June 1, Deutsche Bank also maintained a Hold rating on the stock with a $68.00 price target.
Brown-Forman B’s market cap is currently $31.03B and has a P/E ratio of 39.29.
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Kentucky-based Brown-Forman Corporation, founded in 1870, produces and distributes alcoholic beverages including whiskey, scotch, tequila, vodka, liquer, and wine. Its brands include Jack Daniel’s, Woodford Reserve, Canadian Mist, GlenDronach, BenRiach, Glenglassaugh, Old Forester, Early Times, Slane Irish Whiskey, Coopers’ Craft, el Jimador, Herradura, New Mix, Pepe Lopez, Antiguo, Finlandia, Korbel Champagne, and Sonoma-Cutrer.
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