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Zacks Investment Research announced Craft Brew Alliance Inc (NASDAQ:BREW), bumping up its stock price target to $18.00 today

Having a price of $16.05, Craft Brew Alliance Inc (NASDAQ:BREW) traded 5.90% higher on the day. With the last close down 15.48% from the two hundred day average, compared with the S&P 500 Index which has increased 0.01% over the same period. Craft Brew Alliance Inc has recorded a 50-day average of $17.71 and a two hundred day average of $16.32. Volume of trade was up over the average, with 135,118 shares of BREW changing hands over the typical 114,339

In a report released on 5/23/2017 Zacks Investment Research increased the stock price target of Craft Brew Alliance Inc (NASDAQ:BREW) to $18.00 indicating a potential upside of 0.12%.

Performance Chart

Craft Brew Alliance Inc (NASDAQ:BREW)

With a total market value of $0, Craft Brew Alliance Inc has price-earnings ratio of 698.15 with a one year low of $12.00 and a one year high of $19.40 .

More About 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, rye and other natural traditional and nontraditional ingredients.

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