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Citigroup Inc. upped their price objective on shares of Constellation Brands (NASDAQ:STZ-B) from $80.00 to $90.00 in a research note issued on Friday, Stock Ratings reports. Citigroup Inc.’s price target would suggest a potential upside of 14.91% from the stock’s previous close.

Shares of Constellation Brands (NASDAQ:STZ-B) traded down 2.42% during mid-day trading on Friday, hitting $78.32. The stock had a trading volume of 4,650 shares. Constellation Brands has a one year low of $47.07 and a one year high of $85.70. The stock’s 50-day moving average is $82.46 and its 200-day moving average is $73.06. The company has a market cap of $14.886 billion and a P/E ratio of 8.17.

Constellation Brands (NASDAQ:STZ-B) last released its earnings data on Wednesday, April 9th. The company reported $0.81 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.76 by $0.05. During the same quarter last year, the company posted $0.47 earnings per share.

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