Truist Financial Keeps Their Hold Rating on Constellation Brands (STZ)

Truist Financial analyst Bill Chappell reiterated a Hold rating on Constellation Brands (STZ – Research Report) today and set a price target of $265.00. The company’s shares closed last Friday at $262.24.

Chappell covers the Consumer Defensive sector, focusing on stocks such as Procter & Gamble, Monster Beverage, and Freshpet. According to TipRanks, Chappell has an average return of 4.1% and a 53.12% success rate on recommended stocks.

In addition to Truist Financial, Constellation Brands also received a Hold from Deutsche Bank’s Stephen Powers in a report issued on April 12. However, today, Argus Research upgraded Constellation Brands (NYSE: STZ) to a Buy.

The company has a one-year high of $274.87 and a one-year low of $219.45. Currently, Constellation Brands has an average volume of 1.19M.

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Constellation Brands (STZ) Company Description:

Founded in 1945, Constellation Brands, Inc. is engaged in the production, marketing, and distribution of beer, wine, and spirits in the United States, Mexico, New Zealand, and Italy. The company’s iconic beer brands include Corona Extra, Corona Light, Corona Premier, Modelo Especial, Modelo Negra and Pacifico. Its premium wine and spirits brands include Robert Mondavi, Kim Crawford, Meiomi, The Prisoner, SVEDKA Vodka, Casa Noble Tequila and High West Whiskey.