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Boston Beer Company Inc (NYSE:SAM) has been downgraded to Strong Sell in a statement by BidaskClub earlier today.

Boasting a price of $132.95, Boston Beer Company Inc (NYSE:SAM) traded 1.75% higher on the day. With the last stock price close down 7.82% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Boston Beer Company Inc has recorded a 50-day average of $149.97 and a two hundred day average of $143.06. Volume of trade was down over the average, with 96,917 shares of SAM changing hands under the typical 160,077

BidaskClub has downgraded Boston Beer Company Inc (NYSE:SAM) to Strong Sell in a statement released on 6/16/2017.

On 6/13/2017, Cowen released a statement for Boston Beer Company Inc (NYSE:SAM) bumped up the target price from $0.00 to $126.00 that suggested a downside of -0.07%.

Performance Chart

Boston Beer Company Inc (NYSE:SAM)

With a total market value of $0, Boston Beer Company Inc has price-earnings ratio of 21.95 with a one year low of $128.70 and a one year high of $180.45 .

A total of 8 equity analysts have released a research note on SAM. zero equity analysts rating the company a strong buy, one equity analyst rating the company a buy, seven equity analysts rating the company a hold, two equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $156.00.

More About Boston Beer Company Inc (NYSE:SAM)

The Boston Beer Company, Inc. is a craft brewer in the United States. The Company is engaged in the business of producing and selling alcohol beverages primarily in the domestic market and in selected international markets. The Company operates through two segments: Boston Beer Company segment, and A&S Brewing Collaborative segment. The Boston Beer Company segment comprises of the Company's Samuel Adams, Twisted Tea, Angry Orchard and Truly Spiked & Sparkling brands. The A&S Brewing Collaborative segment comprises of The Traveler Beer Company, Coney Island Brewing Company, Angel City Brewing Company and Concrete Beach Brewing Company. Both segments sell low alcohol beverages. The Company produces malt beverages and hard cider at the Company-owned breweries and under contract arrangements at other brewery locations. As of December 31, 2016, the Company sold its products to a network of approximately 350 wholesalers in the United States and to a network of distributors.

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