Deutsche Bank Aktiengesellschaft Lowers Boston Beer (NYSE:SAM) Price Target to $211.00

Boston Beer (NYSE:SAM) had its target price decreased by investment analysts at Deutsche Bank Aktiengesellschaft from $226.00 to $211.00 in a research report issued on Monday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential downside of 8.63% from the company’s current price.

A number of other analysts also recently weighed in on the stock. Citigroup increased their price target on shares of Boston Beer from $220.00 to $230.00 and gave the company a “neutral” rating in a report on Wednesday, February 25th. UBS Group dropped their price objective on shares of Boston Beer from $234.00 to $230.00 and set a “neutral” rating on the stock in a report on Monday, February 23rd. Weiss Ratings lowered shares of Boston Beer from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Wednesday, February 25th. Zacks Research cut shares of Boston Beer from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 24th. Finally, Morgan Stanley decreased their target price on Boston Beer from $245.00 to $235.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 25th. Eleven analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Reduce” and an average price target of $231.28.

Boston Beer Stock Up 0.5%

SAM opened at $230.92 on Monday. The stock’s 50 day moving average price is $229.44 and its two-hundred day moving average price is $215.29. The firm has a market capitalization of $2.41 billion, a P/E ratio of 23.71, a price-to-earnings-growth ratio of 2.51 and a beta of 1.00. Boston Beer has a 12-month low of $185.34 and a 12-month high of $260.00.

Boston Beer (NYSE:SAM) last issued its quarterly earnings results on Tuesday, February 24th. The company reported ($2.12) EPS for the quarter, topping analysts’ consensus estimates of ($2.33) by $0.21. Boston Beer had a return on equity of 12.16% and a net margin of 5.20%.The company had revenue of $385.68 million during the quarter, compared to analyst estimates of $381.75 million. During the same period in the previous year, the company earned ($1.68) earnings per share. The company’s quarterly revenue was down 4.1% compared to the same quarter last year. Boston Beer has set its FY 2026 guidance at 8.500-11.000 EPS. As a group, analysts anticipate that Boston Beer will post 9.29 earnings per share for the current year.

Institutional Investors Weigh In On Boston Beer

Institutional investors and hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. raised its stake in shares of Boston Beer by 9.4% in the 4th quarter. Vanguard Group Inc. now owns 1,039,184 shares of the company’s stock valued at $202,776,000 after buying an additional 89,053 shares in the last quarter. AQR Capital Management LLC boosted its position in shares of Boston Beer by 340.4% during the 3rd quarter. AQR Capital Management LLC now owns 647,060 shares of the company’s stock valued at $136,801,000 after acquiring an additional 500,120 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in Boston Beer by 5.1% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 271,516 shares of the company’s stock valued at $52,981,000 after acquiring an additional 13,113 shares during the period. Dimensional Fund Advisors LP raised its position in Boston Beer by 1.3% in the third quarter. Dimensional Fund Advisors LP now owns 265,779 shares of the company’s stock worth $56,191,000 after purchasing an additional 3,336 shares in the last quarter. Finally, Gotham Asset Management LLC raised its position in Boston Beer by 16.7% in the fourth quarter. Gotham Asset Management LLC now owns 248,910 shares of the company’s stock worth $48,570,000 after purchasing an additional 35,644 shares in the last quarter. Institutional investors own 81.13% of the company’s stock.

About Boston Beer

The Boston Beer Company, Inc (NYSE: SAM) is a leading craft brewer headquartered in Boston, Massachusetts. Since its founding in 1984 by Jim Koch, the company has focused on producing high-quality, distinctive beers and beverages for retail, on-premise, and distribution partners across the United States. Its operations include brewing, packaging, marketing and distribution, supported by a network of wholly owned brewing facilities and strategic partnerships with regional breweries.

Boston Beer’s flagship brand, Samuel Adams Boston Lager, helped establish the modern U.S.