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MKM Partners Sticks to Their Hold Rating for Brown-Forman B (BF.B)

In a report released yesterday, William Kirk from MKM Partners reiterated a Hold rating on Brown-Forman B (BF.BResearch Report), with a price target of $74.00. The company’s shares opened today at $72.86.

According to TipRanks, Kirk is an analyst with an average return of -5.6% and a 42.27% success rate. Kirk covers the Consumer Goods sector, focusing on stocks such as Constellation Brands, Walmart, and Kroger Company.

Currently, the analyst consensus on Brown-Forman B is a Hold with an average price target of $73.90, implying a 1.43% upside from current levels. In a report released yesterday, J.P. Morgan also maintained a Hold rating on the stock with a $75.00 price target.

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The company has a one-year high of $78.15 and a one-year low of $60.06. Currently, Brown-Forman B has an average volume of 1.03M.

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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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