In a report released today, Dara Mohsenian from Morgan Stanley maintained a Buy rating on Constellation Brands Inc (NYSE: STZ), with a price target of $258. The company’s shares closed yesterday at $215.91.
Mohsenian is an analyst with an average return of 3.4% and a 68.6% success rate. Mohsenian covers the Consumer Goods sector, focusing on stocks such as The Este Lauder Companies Inc, Monster Beverage Corp, and Colgate-Palmolive.
Constellation Brands Inc has an analyst consensus of Moderate Buy, with a price target consensus of $242.50, implying a 12.3% upside from current levels. In a report issued on June 29, Pivotal Research also maintained a Buy rating on the stock with a $285 price target.
Constellation Brands Inc’s market cap is currently $40.8B and has a P/E ratio of 20.62. The company has a Price to Book ratio of 5.07.
Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock. Most recently, in April 2018, James Locke, a Director at STZ sold 6,398 shares for a total of $1,474,739.
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Constellation Brands, Inc. engages in the production, marketing, and distribution of beer, wine, and spirits. It operates through the following segments: Beer, Wine and Spirits, and Corporate Operations and Other. The Beer segment includes imported and craft beer brands.