Impact of Brokerage Rating on Constellation Brands Inc(STZ)

Many Constellation Brands Inc(STZ) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Constellation Brands was Upgraded by HSBC Securities to Hold on Feb 1, 2017. Constellation Brands was Upgraded by BofA/Merrill to Buy on Jan 4, 2017.

Company has reported several Insider transactions to the SEC, on Jan 18, 2017, F Paul Hetterich (Exec. Vice President) purchased 752 shares at 148.62 per share price.On Aug 1, 2016, Thomas Michael Kane (Executive VP, Chief HR Officer) sold 7,000 shares at 163.26 per share price.On Jul 6, 2016, David Eric Klein (Exec Vice Pres. & CFO) sold 14,300 shares at 166.27 per share price.

Constellation Brands Last issued its quarterly earnings results on Jan 5, 2017. The company reported $1.96 EPS for the quarter, beating the analyst consensus estimate by $ 0.24. Analyst had a consensus of $1.72. The company had revenue of $1811.00 million for the quarter, compared to analysts expectations of $1811.30 million. The companys revenue was up 10.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.42 EPS.

Constellation Brands Inc (NYSE:STZ) has received a short term rating of buy from experts at Zacks with a rank of 2. The stock has been rated an average of 1.21 by 7 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating.

Constellation Brands Inc (NYSE:STZ) should head towards $187.63 per share according to 8 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $175 per share. The higher price estimate target is at $200 according to the Analysts.

Constellation Brands Inc (NYSE:STZ) rose 0.26% or 0.4 points on Tuesday and made its way into the gainers of the day. After trading began at $155.11 the stock was seen hitting $156.7 as a peak level and $154.71 as the lowest level. The stock ended up at $155.89. The daily volume was measured at 1,160,187 shares. The 52-week high of the share price is $173.55 and the 52-week low is $137.25. The company has a market cap of $30,564 million.

Constellation Brands, Inc. is a leading international producer and marketer of beverage alcohol brands, with a broad portfolio across the wine, spirits and imported beer categories. The Company is the largest multi-category supplier of beverage alcohol in the United States; a leading producer and exporter of wine from Australia and New Zealand; and both a major producer and independent drinks wholesaler in the United Kingdom. Well-known brands in Constellations portfolio include: Corona Extra, Pacifico, St. Pauli Girl, Black Velvet, and Fleischmanns.


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