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Constellation Brands (STZ) Gets a Hold from Jefferies

Tipranks - Tue Apr 14, 8:10AM CDT

In a report released today, Kaumil Gajrawala from Jefferies maintained a Hold rating on Constellation Brands, with a price target of $158.00.

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Gajrawala covers the Consumer Defensive sector, focusing on stocks such as Coca-Cola, Simply Good Foods, and Constellation Brands. According to TipRanks, Gajrawala has an average return of 0.1% and a 51.16% success rate on recommended stocks.

In addition to Jefferies, Constellation Brands also received a Hold from Barclays’s Lauren Lieberman in a report issued today. However, on the same day, TD Cowen upgraded Constellation Brands (NYSE: STZ) to a Buy.

Based on Constellation Brands’ latest earnings release for the quarter ending February 28, the company reported a quarterly revenue of $1.92 billion and a net profit of $201.8 million. In comparison, last year the company earned a revenue of $2.16 billion and had a GAAP net loss of $375.3 million

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