How Analysts Rated The Boston Beer Company, Inc. (NYSE:SAM) Last Week?

December 7, 2017 - By Migdalia James

 How Analysts Rated The Boston Beer Company, Inc. (NYSE:SAM) Last Week?
Investors sentiment decreased to 1.19 in 2017 Q2. Its down 0.60, from 1.79 in 2017Q1. It dived, 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.
Sei, a Pennsylvania-based fund reported 122 shares. The New York-based Blackrock has invested 0.01% in The Boston Beer Company, Inc. (NYSE:SAM). Pub Employees Retirement Of Ohio holds 0% in The Boston Beer Company, Inc. (NYSE:SAM) or 492 shares. Bessemer Group Inc, New Jersey-based fund reported 9,900 shares. The Ohio-based Huntington Commercial Bank has invested 0% in The Boston Beer Company, Inc. (NYSE:SAM). Ameritas Investment Partners accumulated 3,491 shares. Swiss Bancorporation, a Switzerland-based fund reported 15,800 shares. First Trust Advsr L P invested in 7,843 shares or 0% of the stock. Moreover, Jpmorgan Chase has 0% invested in The Boston Beer Company, Inc. (NYSE:SAM) for 21,770 shares. Dean Llc has invested 0.66% in The Boston Beer Company, Inc. (NYSE:SAM). Strs Ohio owns 25,000 shares or 0.01% of their US portfolio. 5,644 are held by Comerica Bank. Smith Graham Invest Lp stated it has 47,238 shares or 0.68% of all its holdings. Schroder Mgmt Group stated it has 0% of its portfolio in The Boston Beer Company, Inc. (NYSE:SAM). Bartlett And Communications Ltd Liability Corporation has 33 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. The stock of The Boston Beer Company, Inc. (NYSE:SAM) earned “Sell” rating by Goldman Sachs on Monday, July 24. The firm has “Market Perform” rating by William Blair given on Monday, January 9. Jefferies maintained it with “Hold” rating and $142.0 target in Tuesday, October 10 report. RBC Capital Markets maintained The Boston Beer Company, Inc. (NYSE:SAM) on Friday, June 30 with “Hold” rating. As per Friday, April 15, the company rating was maintained by Jefferies. The firm has “Outperform” rating by Credit Agricole given on Friday, October 30. The stock of The Boston Beer Company, Inc. (NYSE:SAM) earned “Sell” rating by Cowen & Co on Wednesday, November 15. The rating was initiated by Berenberg with “Sell” on Wednesday, January 13. The rating was downgraded by Nomura on Monday, January 11 to “Neutral”. The rating was downgraded by Tigress Financial to “Neutral” on Wednesday, April 27. 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: Benzinga.com which released: “Boston Beer: Does Stock Momentum Outweigh Expensive Valuation?” on December 06, 2017, also Nasdaq.com published article titled: “Zacks.com highlights: WellCare Health Plans, The Boston Beer Company, AppFolio …”, Zacks.com published: “Here’s Why Boston Beer (SAM) Stock Surged in the Past Month” on December 04, 2017. More interesting news about The Boston Beer Company, Inc. (NYSE:SAM) was released by: Seekingalpha.com and their article: “Boston Beer Company: Road To Recovery” with publication date: September 22, 2017.

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