|Bid||126.25 x 100|
|Ask||200.00 x 100|
|Day's Range||130.65 - 134.25|
|52 Week Range||128.70 - 194.98|
|PE Ratio (TTM)||19.88|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Shares of Constellation Brands Inc. slid 1.2% Monday, after Goldman Sachs downgraded the stock to neutral, while shares of Boston Beer Co. Inc. fell 5% after Goldman downgraded that stock tosell, citing ...
The beer industry could be all foam, says an analyst, and that’s likely to pose further problems for Boston Beer Company. Shares of Boston Beer have fallen 23% this year, but Goldman Sachs analyst Judy Hong thinks they can fall further, thanks to self-inflicted woes and industry-wide challenges. Part of Boston Beer’s problem is that the company has failed to fix issues with its Sam Adams and Angry Orchard brands, and Hong sees “no improvement in sight” on this front.
Goldman Sachs downgraded the Boston Beer Company and Constellation Brands in light of demographic trends.