Boston Beer Company (The) found using ticker (SAM) have now 14 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 670 and 334 with a mean TP of 442.93. Given that the stocks previous close was at 373.11 this indicates there is a potential upside of 18.7%. The 50 day moving average now sits at 376.63 and the 200 day MA is 482.26. The market cap for the company is $4,574m. Company Website: https://www.bostonbeer.com
The potential market cap would be $5,430m 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.
