TheStreet reiterated their buy rating on shares of Constellation Brands (NYSE: STZ) in a research report sent to investors on Tuesday morning, Analyst Ratings Network.com reports.
“Constellation Brands (STZ) has been reiterated by TheStreet Ratings as a buy with a ratings score of A-. The company’s strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had sub par growth in net income.,” TheStreet’s analyst commented.
Shares of Constellation Brands (NYSE: STZ) traded down 0.08% during mid-day trading on Tuesday, hitting $51.91. Constellation Brands has a 52 week low of $18.69 and a 52 week high of $54.64. The stock’s 50-day moving average is currently $50.34. The company has a market cap of $9.638 billion and a P/E ratio of 24.75.
A number of other analysts have also recently weighed in on STZ. Analysts at Stifel Nicolaus upgraded shares of Constellation Brands from a hold rating to a buy rating in a research note to investors on Thursday, May 16th. They now have a $64.00 price target on the stock. Separately, analysts at ISI Group upgraded shares of Constellation Brands from a buy rating to a strong-buy rating in a research note to investors on Thursday, May 16th. Finally, analysts at DA Davidson reiterated a buy rating on shares of Constellation Brands in a research note to investors on Thursday, May 2nd. They now have a $70.00 price target on the stock.
Six analysts have rated the stock with a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of Buy and a consensus price target of $49.85.
Constellation Brands, Inc. is a wine company. The Company is a marketer of imported beer in the United States.