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Shares of Constellation Brands (NYSE:STZ) have been given a consensus recommendation of “Hold” by the ten ratings firms that are covering the stock, AnalystRatingsNetwork reports. Two equities research analysts have rated the stock with a sell rating, four have given a hold rating and four have given a buy rating to the company. The average 12-month price target among brokerages that have covered the stock in the last year is $91.22.

Shares of Constellation Brands (NYSE:STZ) traded up 0.53% during mid-day trading on Wednesday, hitting $87.69. The stock had a trading volume of 83,677 shares. Constellation Brands has a 52 week low of $53.98 and a 52 week high of $94.77. The stock’s 50-day moving average is $86.74 and its 200-day moving average is $83.55. The company has a market cap of $16.890 billion and a price-to-earnings ratio of 8.01.

Constellation Brands (NYSE:STZ) last posted its quarterly earnings results on Wednesday, July 2nd. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.14. The company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the previous year, the company posted $0.38 earnings per share. The company’s revenue for the quarter was up 126.7% on a year-over-year basis. Analysts expect that Constellation Brands will post $4.26 EPS for the current fiscal year.

A number of analysts have recently weighed in on STZ shares. Analysts at Credit Suisse initiated coverage on shares of Constellation Brands in a research note on Thursday, August 14th. They set a “neutral” rating and a $90.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Constellation Brands in a research note on Thursday, July 3rd. They now have a $95.00 price target on the stock, up previously from $82.00. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Constellation Brands in a research note on Thursday, July 3rd. They now have a $100.00 price target on the stock, up previously from $93.00.

Constellation Brands, Inc is a producer and marketer of beer, wine and spirits with operations in the United States, Canada, Mexico, New Zealand and Italy.

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