Brokerage Firm Rating Update on Constellation Brands Inc (STZ)

Constellation Brands Inc (STZ) : 6 brokerage houses believe that Constellation Brands Inc (STZ) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 1 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Constellation Brands Inc (STZ). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 9 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.39.

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.


For the current week, the company shares have a recommendation consensus of Buy.

Constellation Brands Inc (NYSE:STZ): stock was range-bound between the intraday low of $164.835 and the intraday high of $167 after having opened at $166.23 on Wednesdays session. The stock finally closed in the red at $166.23, a loss of -0.52%. The stock remained in the red for the whole trading day. The total traded volume was 744,267 shares. The stock failed to cross $167 in Wednesdays trading. The stocks closing price on Thursday was $166.85.

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.

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