Constellation Brands Inc (NYSE:STZ) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 1.5 by 11 Brokerage Firm. 7 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 2 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. In the latest statement by the brokerage house, Citigroup maintains its outlook on Constellation Brands Inc (NYSE:STZ). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm raises the price target from $162 per share to $168 per share. The rating by the firm was issued on April 12, 2016.
Constellation Brands Inc (NYSE:STZ): According to 10 Analysts, The short term target price has been estimated at $ 181.7.The target price could deviate by a maximum of $8.62 from the forecast price. In the near term, the target price could hit a high of $200 and a low of $ 170.
Constellation Brands Inc (NYSE:STZ) rose 0.33% or 0.51 points on Tuesday and made its way into the gainers of the day. After trading began at $155.29 the stock was seen hitting $155.75 as a peak level and $154.336 as the lowest level. The stock ended up at $154.84. The daily volume was measured at 1,203,463 shares. The 52-week high of the share price is $165.81 and the 52-week low is $114.49. The company has a market cap of $30,932 million.
Constellation Brands Inc. has dropped 1.45% in the last five trading days, however, the shares have posted positive gains of 0.48% in the last 4 weeks. Constellation Brands Inc. is up 3.89% in the last 3-month period. Year-to-Date the stock performance stands at 9.21%.
Constellation Brands, Inc. is an international beverage alcohol company. The Companys operating segments include Beer, Wine and Spirits and Corporate Operations and Other. The Companys wine portfolio is complemented by select spirits brands and other select beverage alcohol products. It is a multi-category supplier (beer, wine and spirits) of beverage alcohol in the United States. The Companys customers include wholesale distributors, retailers, on premise locations and government alcohol beverage control agencies. In the United States, the Company operates 19 wineries using varieties of grapes grown in the Napa, Sonoma, Monterey and San Joaquin regions of California. It also operates eight wineries in Canada, four wineries in New Zealand and five wineries in Italy. The Companys Canadian whisky requirements are produced and aged at its Canadian distillery in Lethbridge, Alberta.