Boston Beer Company (The) with ticker code (SAM) have now 14 analysts in total covering the stock. The consensus rating is ‘Hold’. The target price ranges between 412 and 245 calculating the average target price we see 331.11. Now with the previous closing price of 373.76 this indicates there is a potential downside of -11.4%. There is a 50 day moving average of 358.8 and the 200 day MA is 357.9. The market capitalisation for the company is $4,636m. Company Website: https://www.bostonbeer.com
The potential market cap would be $4,107m 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.
