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Zacks Investment Research downgraded Constellation Brands, Inc. (NYSE:STZ) to Hold in a report released today.

Zacks Investment Research has downgraded Constellation Brands, Inc. (NYSE:STZ) to Hold in a report released on Monday November 28, 2016.

Previously on 11/25/2016, Zacks Investment Research reported about Constellation Brands, Inc. (NYSE:STZ) raised the target price from $0.00 to $173.00. At the time, this indicated a possible upside of 0.12%.

Yesterday Constellation Brands, Inc. (NYSE:STZ) traded 0.08% higher at $156.42. The company’s 50-day moving average is $162.41 and its 200-day moving average is $162.09. The last stock close price is down -3.42% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time. 576,680 shares of the stock were exchanged, down from an average trading volume of 1,514,540

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Constellation Brands, Inc. (NYSE:STZ)

Constellation Brands, Inc. has a 52 week low of $130.23 and a 52 week high of $173.55 with a P/E ratio of 26.94 The company’s market cap is currently $0.

About Constellation Brands, Inc. (NYSE:STZ)

Constellation Brands, Inc. is an international beverage alcohol company. The Company is a producer and marketer of beer and wine the United States and Canada. Its segments include Beer, Wine and Spirits, and Corporate Operations and Other. It is a multi-category supplier (beer, wine and spirits) of beverage alcohol in the United States. It sells a number of brands in the import and craft beer categories, including Corona Extra, Corona Light, Modelo Especial, Ballast Point and others. It is a producer and marketer of wine, and sells a number of wine brands across various categories, including table wine, sparkling wine and dessert wine, and across all price points, such as popular, premium and luxury categories. Some of its wine and spirits brands sold in the United States include Black Velvet Canadian Whisky, SVEDKA Vodka, Meiomi, Robert Mondavi, Wild Horse, among others.

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