Brown-Forman (NASDAQ:BF/B) had its price objective lifted by Citigroup from $57.00 to $67.00 in a report issued on Friday morning, BenzingaRatingsTable reports. The firm currently has a neutral rating on the stock.

BF/B has been the subject of a number of other research reports. SunTrust Banks upped their price target on Brown-Forman from $50.00 to $55.00 and gave the stock a hold rating in a research report on Thursday, August 29th. UBS Group upped their price target on Brown-Forman from $57.00 to $60.00 and gave the stock a neutral rating in a research report on Thursday, August 29th. Morgan Stanley upped their price target on Brown-Forman from $51.00 to $56.00 and gave the stock an equal weight rating in a research report on Thursday, August 29th. BMO Capital Markets upped their price target on Brown-Forman from $52.00 to $55.00 and gave the stock a market perform rating in a research report on Thursday, August 29th. Finally, Deutsche Bank upped their price target on Brown-Forman from $53.00 to $54.00 and gave the stock a hold rating in a research report on Thursday, May 30th. Ten research analysts have rated the stock with a hold rating, The company has an average rating of Hold and an average target price of $58.60.

Shares of BF/B opened at $63.65 on Friday. The business has a 50 day simple moving average of $58.89.

The firm also recently disclosed a dividend, which will be paid on Tuesday, October 1st. Stockholders of record on Friday, September 6th will be paid a $0.166 dividend. The ex-dividend date of this dividend is Thursday, September 5th.

Brown-Forman Company Profile

Brown-Forman Corporation manufactures, bottles, imports, exports, markets, and sells various alcoholic beverages worldwide. It provides spirits, wines, ready-to-drink cocktails, whiskeys, vodkas, tequilas, champagnes, brandy, and liqueurs. The company offers its products primarily under the Jack Daniel's, Gentleman Jack, Woodford Reserve, Korbel, Finlandia, el Jimador, Herradura, Sonoma-Cutrer, Canadian Mist, GlenDronach, BenRiach, Glenglassaugh, Chambord, Old Forester, Early Times, Pepe Lopez, Antiguo, Slane Irish, and Coopers' Craft brands.

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Analyst Recommendations for Brown-Forman (NASDAQ:BF/B)

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