Constellation Brands, Inc. which can be found using ticker (STZ) now have 21 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 295 and 216 calculating the average target price we see $259.04. Given that the stocks previous close was at $226.95 and the analysts are correct then we can expect a percentage increase in value of 14.1%. The 50 day MA is $222.11 and the 200 moving average now moves to $234.62. The company has a market capitalization of $41,496m. Visit the company website at: https://www.cbrands.com
The potential market cap would be $47,364m based on the market consensus.
Constellation Brands, Inc., together with its subsidiaries, produces, imports, markets, and sells beer, wine, and spirits in the United States, Canada, Mexico, New Zealand, and Italy. The company provides beer primarily under the Corona Extra, Corona Premier, Corona Familiar, Corona Light, Corona Refresca, Corona Hard Seltzer, Modelo Especial, Modelo Negra, Modelo Chelada, Victoria, Vicky Chamoy, and Pacifico brands. It also offers wine under the Cook’s California Champagne, Kim Crawford, Meiomi, Mount Veeder, Ruffino, SIMI, My Favorite Neighbor, Robert Mondavi Winery, Schrader, and The Prisoner Wine Company brands; 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. The company was founded in 1945 and is headquartered in Victor, New York.
The company has a dividend yield of 1.57% with the ex dividend date set at 3-5-2023 (DMY).
