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Barclays Maintains Constellation Brands(STZ.US) With Buy Rating, Cuts Target Price to $300

Futu News ·  Oct 7 15:31  · Ratings

Barclays analyst Lauren Lieberman maintains $Constellation Brands (STZ.US)$ with a buy rating, and adjusts the target price from $309 to $300.

According to TipRanks data, the analyst has a success rate of 54.1% and a total average return of 2.4% over the past year.

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Furthermore, according to the comprehensive report, the opinions of $Constellation Brands (STZ.US)$'s main analysts recently are as follows:

  • The key factor for Constellation Brands is the evolving investment case that balances sales, profit, and cash flow growth.

  • The adjustment of expectations for Constellation Brands was influenced by lackluster beer volume expansion, which analysts believe is indicative of more than just broad economic conditions. This slower growth trajectory is anticipated to challenge investor endurance regarding growth capital expenditures, the Wine and Spirits division, and corporate governance issues.

  • The firm revised the company's model following the fiscal Q2 report to account for the observed short-term deceleration in growth.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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