How Analysts Feel About The Boston Beer Company, Inc. (NYSE:SAM)?

December 7, 2017 - By Peter Erickson

 How Analysts Feel About The Boston Beer Company, Inc. (NYSE:SAM)?
Investors sentiment decreased to 1.19 in Q2 2017. Its down 0.60, from 1.79 in 2017Q1. It worsened, as 30 investors sold The Boston Beer Company, Inc. shares while 53 reduced holdings. 25 funds opened positions while 74 raised stakes. 8.43 million shares or 3.12% less from 8.70 million shares in 2017Q1 were reported.
Retirement Of Alabama stated it has 0.04% in The Boston Beer Company, Inc. (NYSE:SAM). Invesco, a Georgia-based fund reported 208,414 shares. Symons Capital Mngmt accumulated 3,280 shares. Bancshares Of Nova Scotia owns 15,090 shares for 0.01% of their portfolio. Wellington Mgmt Gp Llp accumulated 4,602 shares or 0% of the stock. Eqis Capital stated it has 0.01% in The Boston Beer Company, Inc. (NYSE:SAM). Teton Advsrs invested in 8,500 shares or 0.11% of the stock. Raymond James Fincl Services Advsrs owns 1,577 shares. Prelude Mngmt Ltd Liability Corp invested in 0% or 165 shares. Moreover, Jasper Ridge Partners Lp has 0.11% invested in The Boston Beer Company, Inc. (NYSE:SAM) for 15,205 shares. Ahl Prtnrs Llp has invested 0.09% in The Boston Beer Company, Inc. (NYSE:SAM). Thrivent Financial For Lutherans owns 1,860 shares. Pnc Fincl Grp Inc Inc reported 0.01% stake. Salem Counselors Inc invested 0% in The Boston Beer Company, Inc. (NYSE:SAM). Td Asset Mgmt owns 6,400 shares for 0% of their portfolio.

The Boston Beer Company, Inc. (NYSE:SAM) Ratings Coverage

Among 15 analysts covering Boston Beer Co (NYSE:SAM), 1 have Buy rating, 5 Sell and 9 Hold. Therefore 7% are positive. Boston Beer Co had 51 analyst reports since July 28, 2015 according to SRatingsIntel. Susquehanna upgraded The Boston Beer Company, Inc. (NYSE:SAM) on Monday, May 1 to “Positive” rating. The rating was maintained by Susquehanna on Thursday, July 27 with “Buy”. The stock of The Boston Beer Company, Inc. (NYSE:SAM) has “Neutral” rating given on Wednesday, April 27 by Tigress Financial. The stock of The Boston Beer Company, Inc. (NYSE:SAM) has “Sell” rating given on Wednesday, January 13 by Berenberg. Jefferies downgraded The Boston Beer Company, Inc. (NYSE:SAM) rating on Friday, January 8. Jefferies has “Hold” rating and $210 target. The firm has “Neutral” rating by Nomura given on Monday, January 11. Citigroup maintained the stock with “Neutral” rating in Monday, October 30 report. The stock has “Neutral” rating by Credit Suisse on Thursday, October 19. The firm has “Underperform” rating by CLSA given on Tuesday, March 8. Susquehanna upgraded The Boston Beer Company, Inc. (NYSE:SAM) on Friday, April 28 to “Positive” rating. Below is a list of The Boston Beer Company, Inc. (NYSE:SAM) latest ratings and price target changes.

06/12/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $166 Initiates Coverage On
15/11/2017 Broker: Cowen & Co Rating: Sell Maintain
13/11/2017 Broker: Susquehanna Old Rating: Positive New Rating: Neutral Downgrade
30/10/2017 Broker: Citigroup Rating: Neutral Old Target: $165 New Target: $181 Maintain
27/10/2017 Broker: Credit Suisse Rating: Neutral Old Target: $151 New Target: $160 Maintain
26/10/2017 Broker: Cowen & Co Rating: Sell New Target: $138.0 Maintain
20/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $158.0 Maintain
19/10/2017 Broker: Credit Suisse Rating: Neutral Old Target: $150 New Target: $151 Maintain
10/10/2017 Broker: Jefferies Rating: Hold New Target: $142.0 Maintain
26/09/2017 Broker: Credit Suisse Old Rating: Underperform New Rating: Neutral Upgrade

The stock increased 0.66% or $1.25 during the last trading session, reaching $189.95. About 161,383 shares traded or 6.02% up from the average. The Boston Beer Company, Inc. (NYSE:SAM) has declined 3.11% since December 7, 2016 and is downtrending. It has underperformed by 19.81% the S&P500.

The Boston Beer Company, Inc. produces and sells alcohol beverages primarily in the United States. The company has market cap of $2.21 billion. The Company’s flagship beer is Samuel Adams Boston Lager. It has a 26.07 P/E ratio. The firm sells approximately 60 beers under the Samuel Adams and the Sam Adams brands; 20 hard cider beverages under the Angry Orchard brand; 13 flavored malt beverages under the Twisted Tea brand; and 4 hard seltzer beverages under the Truly Spiked & Sparkling brand name, as well as approximately 40 beers under A&S Brewing trade name.

More important recent The Boston Beer Company, Inc. (NYSE:SAM) news were published by: Zacks.com which released: “Here’s Why Boston Beer (SAM) Stock Surged in the Past Month” on December 04, 2017, also Seekingalpha.com published article titled: “Boston Beer Company: Road To Recovery”, Benzinga.com published: “Boston Beer: Does Stock Momentum Outweigh Expensive Valuation?” on December 06, 2017. More interesting news about The Boston Beer Company, Inc. (NYSE:SAM) was released by: Nasdaq.com and their article: “Zacks.com highlights: WellCare Health Plans, The Boston Beer Company, AppFolio …” with publication date: November 22, 2017.

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