Constellation Brands with ticker code (STZ) have now 22 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 300 and 200 and has a mean target at $254.22. Given that the stocks previous close was at $214.99 this indicates there is a potential upside of 18.2%. The day 50 moving average is $222.89 and the 200 day moving average is $235.80. The market capitalization for the company is $40,223m. Company Website: https://www.cbrands.com
The potential market cap would be $47,563m based on the market consensus.
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, The Prisoner Wine Company, Robert Mondavi, My Favorite Neighbor, and Schrader; and spirits under the Casa Noble, Copper & Kings, 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.
The company has a dividend yield of 1.49% with the ex dividend date set at 7-2-2023 (DMY).
Other points of data to note are a P/E ratio of 357.3, revenue per share of 50.76 and a 7.65% return on assets.
