Constellation Brands Inc (STZ) : Traders are bullish on Constellation Brands Inc (STZ) as it has outperformed the S&P 500 by a wide margin of 0.79% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.72%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 0.05% in the last 1 week, and is up 0.58% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a twenty day Moving Average of 0.56% and the fifty day Moving Average is 1.86%. Constellation Brands Inc. is up 5.17% in the last three month period. Year-to-Date the stock performance stands at 17.08%.
Constellation Brands Inc (STZ) : The consensus price target for Constellation Brands Inc (STZ) is $186.63 for the short term with a standard deviation of $7.5. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $200, however, the pessimist price target for the company is $173.
Constellation Brands Inc (NYSE:STZ): On Fridays trading session , Opening price of the stock was $166.85 with an intraday high of $168.683. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $165.32. However, the stock managed to close at $165.59, a loss of 0.66% for the day. On the previous day, the stock had closed at $166.69. The total traded volume of the day was 806,105 shares.
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.