Boston Beer Company (The) with ticker code (SAM) now have 12 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 385 and 258 with a mean TP of 319.04. With the stocks previous close at 381.82 this now indicates there is a potential downside of -16.4%. The day 50 moving average is 337.96 and the 200 day MA is 402.27. The company has a market capitalisation of $4,696m. Visit the company website at: https://www.bostonbeer.com
The potential market cap would be $3,924m 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.
