Is Wall Street Bullish or Bearish on Brown-Forman Stock?

Valued at a market cap of $14 billion, Brown-Forman Corporation (BF-B) is a family-controlled leader in the global spirits and wine industry. The Kentucky-based company’s portfolio features iconic brands such as Jack Daniel’s, Woodford Reserve, Old Forester, and several Scotch, tequila, and liqueur labels. 

BF-B’s shares have significantly lagged behind the broader market over the past 52 weeks. Brown-Forman has surged marginally over this time frame, while the broader S&P 500 Index ($SPX) has rallied 12.9%. However, the stock has been on an impressive run, soaring 17.7% on a YTD basis, compared to SPX’s marginal fall during the same time frame.