Roth MKM Sticks to Its Buy Rating for Constellation Brands (STZ)
In a report released today, Bill Kirk from Roth MKM reiterated a Buy rating on Constellation Brands, with a price target of $209.00.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
According to TipRanks, Kirk is an analyst with an average return of -7.6% and a 41.95% success rate. Kirk covers the Consumer Defensive sector, focusing on stocks such as Constellation Brands, Costco, and Kroger Company.
In addition to Roth MKM, Constellation Brands also received a Buy from TD Cowen’s Robert Moskow in a report issued yesterday. However, on the same day, Barclays assigned a Hold rating to Constellation Brands (NYSE: STZ).
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
Read More on STZ:
Disclaimer & DisclosureReport an Issue
- Midday Fly By: Goldman reports Q1 beat, Baker Hughes to sell Waygate
- Nike downgraded, Starbucks upgraded: Wall Street’s top analyst calls
- Constellation Brands upgraded to Buy from Hold at TD Cowen
- Constellation Brands price target raised to $170 from $151 at Barclays
- Constellation Brands price target raised to $175 from $170 at Evercore ISI
