On Jan 07, major Wall Street analysts update their ratings for $Constellation Brands (STZ.US)$, with price targets ranging from $262 to $308.
J.P. Morgan analyst Andrea Faria Teixeira maintains with a buy rating, and adjusts the target price from $293 to $262.
UBS analyst Peter Grom maintains with a buy rating, and adjusts the target price from $288 to $265.
Wells Fargo analyst Christopher Carey maintains with a buy rating, and adjusts the target price from $295 to $275.
RBC Capital analyst Nik Modi maintains with a buy rating, and maintains the target price at $308.
Furthermore, according to the comprehensive report, the opinions of $Constellation Brands (STZ.US)$'s main analysts recently are as follows:
The firm has modified its underlying assumptions reflecting recent performance trends, although its earnings per share estimates for the third quarter and full year remain steady at $3.24 and $13.67, respectively. As the company approaches its earnings release, it's anticipated that the results will not significantly influence the ongoing discussions. Consequently, this event is not seen as a major catalyst in either direction. While a 'wait and see' attitude is expected from investors, current valuations suggest that expectations for the upcoming report are not high, with the perceived risk/reward ratio leaning towards potential upside.
Here are the latest investment ratings and price targets for $Constellation Brands (STZ.US)$ from 4 analysts:
Note:
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