This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

7 Alcohol Stocks That Analysts Toast

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Brown-Forman (BF.B) is a major distiller and importer of alcoholic beverages and owns the Jack Daniel's, Southern Comfort, Finlandia, Korbel and Bolla brands.

Jack Daniel's represented 45% of Brown-Forman's sales volume in 2010. It is the fifth-largest premium spirits brand in the world.

Standard &Poor's analysts have a "hold" recommendation on its shares and give the company a three-star rating out of a possible five. The ratings firm has a $77 12-month price target on its shares. The current price is about $71.

S&P analysts said in a March 9 research note that Brown-Forman "should continue to capitalize on what we see as positive industry trends with its strong portfolio of spirits and international reach, particularly with its Jack Daniel's brand."

"Long term, with 53% of fiscal 2010 net sales from outside the U.S., we see Finlandia and, secondarily, Jack Daniel's, driving more than 50% of net sales growth," S&P said.

S&P's review of analysts' earnings estimates finds an outlook of $3.31 per share for 2011, which will grow by 8% to $3.57 per share in 2012. Those same analysts give Brown-Forman's shares one "buy" rating, eight "holds" and two "weak/holds."

Shares are up 0.5% this year and 29% over the past year, giving Brown-Forman a market value of $9.8 billion. Over the past three years, its shares have an average annual return of 12%.Its shares have a dividend yield of 1.8%.

Readers Also Like:


Stock quotes in this article: GS, BUD, DEO, FO, STZ, TAP, SAM 
Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 +2.54 0.14%
NASDAQ 4,095.5160 +9.2910 0.23%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs