Brown-Forman Corporation (BF.B)
NYSE: BF.B · IEX Real-Time Price · USD
42.48
+0.37 (0.88%)
At close: Jul 2, 2024, 4:00 PM
42.66
+0.18 (0.42%)
After-hours: Jul 2, 2024, 7:26 PM EDT
Brown-Forman Stock Forecast
Stock Price Forecast
The 12 analysts with 12-month price forecasts for Brown-Forman stock have an average target of 55.2, with a low estimate of 44 and a high estimate of 76.4. The average target predicts an increase of 29.94% from the current stock price of 42.48.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for Brown-Forman stock from 12 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 8 | 8 | 8 | 9 | 9 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 10 | 10 | 10 | 11 | 11 | 12 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Truist Securities | Truist Securities | Strong Buy Maintains $80 → $50 | Strong Buy | Maintains | $80 → $50 | +17.70% | Jun 12, 2024 |
| Roth MKM | Roth MKM | Hold Maintains $55 → $49 | Hold | Maintains | $55 → $49 | +15.35% | Jun 6, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $52 → $44 | Hold | Maintains | $52 → $44 | +3.58% | Jun 6, 2024 |
| RBC Capital | RBC Capital | Hold Maintains $56 → $49 | Hold | Maintains | $56 → $49 | +15.35% | Jun 6, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $56 → $52 | Hold | Maintains | $56 → $52 | +22.41% | Jun 4, 2024 |
Financial Forecast
Revenue This Year
4.30B
from 4.18B
Increased by 2.80%
Revenue Next Year
4.49B
from 4.30B
Increased by 4.54%
EPS This Year
1.87
from 2.14
Decreased by -12.62%
EPS Next Year
2.02
from 1.87
Increased by 8.00%
Revenue Forecast
| Revenue | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 4.5B | 4.8B | 5.1B |
| Avg | 4.3B | 4.5B | 4.7B |
| Low | 4.0B | 4.2B | 4.4B |
Revenue Growth
| Revenue Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 8.6% | 11.5% | 13.6% |
| Avg | 2.8% | 4.5% | 5.8% |
| Low | -4.5% | -2.4% | -2.3% |
EPS Forecast
| EPS | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | 2.08 | 2.29 | 2.52 |
| Avg | 1.87 | 2.02 | 2.21 |
| Low | 1.71 | 1.87 | 2.03 |
EPS Growth
| EPS Growth | 2025 | 2026 | 2027 |
|---|---|---|---|
| High | -2.9% | 22.4% | 24.8% |
| Avg | -12.6% | 8.0% | 9.5% |
| Low | -19.9% | 0.1% | 0.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.