Boston Beer Company (The) found using ticker (SAM) now have 14 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 670 and 373 calculating the average target price we see 512.14. With the stocks previous close at 391.68 this is indicating there is a potential upside of 30.8%. The 50 day moving average now sits at 448.02 and the 200 moving average now moves to 624.84. The company has a market cap of $4,624m. Company Website: https://www.bostonbeer.com
The potential market cap would be $6,046m based on the market concensus.
The Boston Beer Company produces and sells alcohol beverages primarily in the United States. The company’s flagship beer is Samuel Adams Boston Lager. It offers various beers, hard ciders, and hard seltzers under the Samuel Adams, Twisted Tea, Truly Hard Seltzer, Angry Orchard, Dogfish Head, Angel City, Coney Island, Concrete Beach brand names. The company markets and sells its products to a network of approximately 400 wholesalers in the United States, as well as international wholesalers, importers, or other agencies that in turn sell to retailers, such as grocery stores, club stores, convenience stores, liquor stores, bars, restaurants, stadiums, and other retail outlets. It also sells in products in Canada, Europe, Israel, Australia, New Zealand, the Caribbean, the Pacific Rim, Mexico, and Central and South America. The Boston Beer Company was founded in 1984 and is based in Boston, Massachusetts.
