Royal Bank Of Canada Boosts Constellation Brands Price Target to $185.00

Constellation Brands (NYSE:STZ) has had its 'outperform' rating reaffirmed by Royal Bank Of Canada, according to a research report issued on Friday. The price objective for STZ is $185.00, indicating a potential upside of 63.97% from the company's current price.

The stock has been trading at $112.82 after falling $0.17 during mid-day trading on Friday. The company had a trading volume of 72,883 shares, compared to its average volume of 2,210,893. Constellation Brands has a market capitalization of $19.27 billion and a P/E ratio of 10.77.

The company's stock has been subject to various analyst ratings in recent months. Eleven analysts have rated the stock with a 'buy' rating, nine have given it a 'hold' rating, and two have issued a 'sell' rating.