Constellation Brands with ticker code (STZ) have now 21 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 310 and 213 with the average target price sitting at 273. Given that the stocks previous close was at 237.3 this now indicates there is a potential upside of 15.0%. There is a 50 day moving average of 241.2 while the 200 day moving average is 228.42. The market capitalisation for the company is $44,864m. Company Website: https://www.cbrands.com
The potential market cap would be $51,613m based on the market concensus.
Constellation Brands, together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. It provides beer primarily under the Corona Extra, Corona Premier, Corona Familiar, Corona Light, Corona Refresca, Corona Hard Seltzer, Modelo Especial, Modelo Negra, Modelo Chelada, Pacifico, and Victoria brands. The company offers wine under the 7 Moons, Cook’s California Champagne, Cooper & Thief, Crafters Union, Kim Crawford, Meiomi, Mount Veeder, Ruffino, SIMI, The Dreaming Tree, Charles Smith, Prisoner, Robert Mondavi, and Schrader; and spirits under the Casa Noble, High West, Mi CAMPO, Nelson’s Green Brier, and SVEDKA brands. It provides its products to wholesale distributors, retailers, on-premise locations, and state alcohol beverage control agencies. Constellation Brands was founded in 1945 and is headquartered in Victor, New York.
