BF.A Price Prediction Next Week
Technical Analysis
Based on the recent news and technical indicators for Brown-Forman (BF.A), here is the analysis:
Price Trend Analysis
- The stock has shown significant weakness, declining 45.7% over the past 52 weeks while the S&P 500 rallied 22.3%
- Currently trading well below key moving averages, indicating strong bearish momentum
- YTD performance is -18%, significantly underperforming the broader market's 4% gain
News Impact
- Recent negative catalyst: Trump administration imposed 25% tariffs on Mexico and Canada imports
- The company faces exposure through its tequila portfolio, though impact may be partially offset by Mexican peso depreciation
- Additional headwind from Canada's newly announced 25% tariff on American whiskies, though Canada only represents 1% of sales
Price Targets & Projections for Next Week Based on technical analysis and recent news:
- Bearish Case (60% probability): Further decline to $28-29 range due to tariff impacts
- Base Case (30% probability): Consolidation between $30-32 as selling pressure eases
- Bullish Case (10% probability): Bounce to $33-34 on oversold conditions
Trading Recommendation SELL with target price of $29 Rationale:
- Significant technical damage to price trend
- Multiple headwinds from tariffs affecting key markets
- Weak relative strength compared to broader market
- Analyst consensus has shifted bearish with 3 Strong Sell ratings
The stock appears likely to continue its downward trend in the near term given the combination of technical weakness and fundamental headwinds from tariffs. The mean analyst price target of $44.91 suggests long-term upside, but immediate catalysts for a reversal are lacking.
BF.A Similar Chart Price Prediction
The price of BF.A is predicted to go up 2.92%, based on the high correlation periods with BF.B. The similarity of these two price pattern on the periods is 99.63%.
BF.A
BF.B
Up: 2.92%Similarity: 99.63%
