Barclays analyst Lauren Lieberman maintained a Buy rating on Constellation Brands (STZ – Research Report) on July 18 and set a price target of $284.00. The company’s shares closed last Tuesday at $244.73.
According to TipRanks.com, Lieberman is a 3-star analyst with an average return of 1.9% and a 52.9% success rate. Lieberman covers the Consumer Goods sector, focusing on stocks such as International Flavors & Fragrances, Coca-Cola Europacific Partners, and The Estée Lauder Companies.
Constellation Brands has an analyst consensus of Strong Buy, with a price target consensus of $278.17, which is a 13.8% upside from current levels. In a report issued on July 13, Redburn Partners also initiated coverage with a Buy rating on the stock.
Constellation Brands’ market cap is currently $46.38B and has a P/E ratio of 39.65.
Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of STZ in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Founded in 1945, Constellation Brands, Inc. is engaged in the production, marketing, and distribution of beer, wine, and spirits in the United States, Mexico, New Zealand, and Italy. The company’s iconic beer brands include Corona Extra, Corona Light, Corona Premier, Modelo Especial, Modelo Negra and Pacifico. Its premium wine and spirits brands include Robert Mondavi, Kim Crawford, Meiomi, The Prisoner, SVEDKA Vodka, Casa Noble Tequila and High West Whiskey.
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