Brown-Forman Corporation Class B (NYSE:BF.B)
December 7th, 2018
Amidst falling markets Brown-Forman Corporation Class B fell $0.86 Friday which equals a 1.84% decline, closing at $45.93. As well as the drop in value, Brown-Forman Corporation Class B hit a new 52 week low of $45.62.
BF.B was outperformed by the rest of the Consumer Staples sector which went down only 1.29%.
Brown-Forman Corporation Class B is listed on the S&P 500 index, and was one of 447 stocks that dropped today. Weighted by market cap, BF.B represents about 0.08% of the S&P 500.
Analysis results from 16 analysts points to the possibility that Brown-Forman Corporation Class B could rise quite a bit (12%), while Finbox has calculated (with low uncertainty) a fair value price of $30.70.
The market sectors were mixed Friday with a majority of the sectors trending down. Utilities saw the biggest increase of the day (0.40%), while Information Technology saw the biggest drop (3.53%). Healthcare has seen the biggest year-to-date gain at 12%. The biggest loss this year has been the Materials sector dropping 12%.
Utilities saw the biggest turnaround from its 5-day performance of 2.33%, as it went up 0.40%. Real Estate saw a turn around from its 5-day performance of 2.84% trading down 1.44%.
- Utilities went up with a 0.40% change.
- Energy went down with a -0.65% change.
- Consumer Staples went down with a -1.29% change.
- Real Estate went down with a -1.44% change.
- Financials went down with a -1.84% change.
- Communication Services went down with a -2.09% change.
- Healthcare went down with a -2.52% change.
- Materials went down with a -2.53% change.
- Industrials went down with a -2.62% change.
- Consumer Discretionary went down with a -3.08% change.
- Information Technology went down with a -3.53% change.
Brown-Forman Corporation Class B Info
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. It serves retail customers and consumers through distributors or state governments; and retailers, wholesalers, and provincial governments directly. The company was founded in 1870 and is headquartered in Louisville, Kentucky.
All amounts in USD unless otherwise indicated
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