Too Late for Boston Beer Buy Out?
Considering the tireless advocacy Boston Beer (NYSE: SAM) founder and chairman Jim Koch has done on behalf of craft beer, a buyout of the brewer, which has arguably been the face of the industry for years, seems far-fetched.
Yet plenty of craft brewers have derided the trend of beer giants like Anheuser-Busch InBev (NYSE: BUD) and Constellation Brands (NYSE: STZ) swooping in and buying up small, regional breweries only to sell out themselves when a big enough check was waved in front of them. It is possible Boston Beer could succumb as well, at least that's what some analysts are suggesting.
Image source: Boston Beer.
Source: Fool.com
Constellation Brands Inc. Stock
€216.30
0.560%
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With a target price of 283 € there is a positive potential of 30.84% for Constellation Brands Inc. compared to the current price of 216.3 €.
