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Boston Beer Company (The) – Consensus Indicates Potential -16.0% Downside

Boston Beer Company (The) found using ticker (SAM) have now 13 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 925 and 353 with the average target price sitting at 710.23. Now with the previous closing price of 845.33 this indicates there is a potential downside of -16.0%. The 50 day moving average now sits at 735.07 and the 200 moving average now moves to 513.57. The company has a market cap of $10,410m. You can visit the company’s website by visiting: http://www.bostonbeer.com

The Boston Beer Company produces and sells alcohol beverages primarily in the United States. The company’s flagship beer is Samuel Adams Boston Lager. It offers various beers, hard ciders, and hard seltzers under the Samuel Adams, Twisted Tea, Truly Hard Seltzer, Angry Orchard, Dogfish Head, Angel City, Coney Island, Concrete Beach, Wild Leaf, and Tura brand names. The company markets and sells its products to a network of approximately 400 wholesalers in the United States, as well as international wholesalers, importers, or other agencies that in turn sell to retailers, such as grocery stores, club stores, convenience stores, liquor stores, bars, restaurants, stadiums, and other retail outlets. It also sells in products in Canada, Europe, Israel, Australia, New Zealand, the Caribbean, the Pacific Rim, Mexico, and Central and South America. The Boston Beer Company was founded in 1984 and is based in Boston, Massachusetts.

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