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Craft Brew Alliance Inc (NASDAQ:BREW) target price raised to $16.00, reported today by Zacks Investment Research

Showing a price of $14.39, Craft Brew Alliance Inc (NASDAQ:BREW) traded 3.00% lower on the day. With the last close up 79.85% from the two hundred day moving average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the same time period. Craft Brew Alliance Inc has registered a 50-day average of $16.06 and 200-day average of $10.96. 352,255 shares of BREW were exchanged, up from ann average trading volume of 174,511

Craft Brew Alliance Inc (NASDAQ:BREW) had its target price increased to $16 by Zacks Investment Research in an issued report issued Thursday August 18 2016. The increased target price indicates a possible upside of 0.11% from the bussiness’ most recent closing price.

Previously on 8/05/2016, Citigroup released a statement for Craft Brew Alliance Inc(NASDAQ:BREW) raised the target price from $10.00 to $14.00 that indicated a possible downside of -0.02%.

Recent Performance Graph:

Craft Brew Alliance Inc (NASDAQ:BREW)

Craft Brew Alliance Inc has a price-earnings of 365 with a 52 week low of $6.80 and a one-year high of $22.40 and has a total market value of $0.0.

Brief Synopsis On Craft Brew Alliance Inc (NASDAQ:BREW)

Craft Brew Alliance, Inc. is a craft brewing company that is engaged in brewing, branding and bringing to market American craft beers. The Company operates through two segments: Beer Related operations, which include the brewing operations and related domestic and international beer and cider sales of its Kona, Widmer Brothers, Redhook and Omission beer brands, and Square Mile cider brand, and Pubs operations, which include its approximately five pubs, over four of which are located adjacent to its Beer Related operations, as well as other merchandise sales, and sales of its beers directly to customers. The Company’s portfolio of brands includes the Kona Brewing Company, Widmer Brothers Brewing, Redhook Brewery, Omission Beer and Square Mile Cider Company brand families, along with partner brands Appalachian Mountain Brewery, Cisco Brewers and Resignation Brewery. Its brews its beers using hops, malted barley, wheat, and rye and other natural traditional and nontraditional ingredients.

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