Constellation Brands: Jefferies maintains buy rating
(CercleFinance.com) - On Thursday, a Jefferies analyst confirmed a "buy" recommendation on the Constellation Brands share, stating that it remains a best pick.
Indeed, the broker appreciates "the premiumization" of the group's activity and its "promising innovations," in addition to the share's "attractive valuation" relative to peers.
Jefferies confirms its target price of 265 dollars, which is about 80 dollars above the share's current price.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
Indeed, the broker appreciates "the premiumization" of the group's activity and its "promising innovations," in addition to the share's "attractive valuation" relative to peers.
Jefferies confirms its target price of 265 dollars, which is about 80 dollars above the share's current price.
Copyright (c) 2020 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.