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

STZ has been the subject of a number of recent research reports. 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.

Shares of Constellation Brands (NYSE:STZ) opened at 87.09 on Wednesday. Constellation Brands has a 52 week low of $54.22 and a 52 week high of $94.77. The stock’s 50-day moving average is $86.38 and its 200-day moving average is $83.72. The company has a market cap of $16.774 billion and a P/E ratio of 8.00.

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. On average, analysts predict that Constellation Brands will post $4.26 earnings per share for the current fiscal year.

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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