Analysts are on the Bearish side about The Boston Beer Company, Inc. (NYSE:SAM) this week.

December 7, 2017 - By Nellie Frank

 Analysts are on the Bearish side about The Boston Beer Company, Inc. (NYSE:SAM) this week.
Investors sentiment decreased to 1.19 in 2017 Q2. Its down 0.60, from 1.79 in 2017Q1. It is negative, 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.
Thompson Davis Inc holds 10 shares or 0% of its portfolio. Panagora Asset Mngmt Inc owns 105 shares. Eaton Vance holds 3,230 shares or 0% of its portfolio. Pub Employees Retirement Association Of Colorado has invested 0% in The Boston Beer Company, Inc. (NYSE:SAM). Hanson Mcclain reported 400 shares or 0% of all its holdings. Franklin Res has invested 0% in The Boston Beer Company, Inc. (NYSE:SAM). Horizon Kinetics Ltd Liability owns 2,985 shares for 0.01% of their portfolio. Weaver C Barksdale And Assocs holds 38 shares. Menta Capital Ltd Com has 0.19% invested in The Boston Beer Company, Inc. (NYSE:SAM) for 12,016 shares. Davenport Ltd Liability accumulated 75,561 shares. Martingale Asset Mgmt L P invested in 0.04% or 22,602 shares. Advantus Mgmt Inc accumulated 0% or 1,130 shares. Retail Bank Of Montreal Can holds 130 shares. Fisher Asset Mgmt Ltd Co has invested 0.06% in The Boston Beer Company, Inc. (NYSE:SAM). Brandywine Global Investment Mgmt Ltd Liability Company, Pennsylvania-based fund reported 46,975 shares.

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. Jefferies maintained the stock with “Hold” rating in Tuesday, October 10 report. CLSA downgraded the stock to “Underperform” rating in Tuesday, March 8 report. The stock of The Boston Beer Company, Inc. (NYSE:SAM) has “Underperform” rating given on Friday, September 16 by Credit Suisse. The stock of The Boston Beer Company, Inc. (NYSE:SAM) has “Neutral” rating given on Monday, October 30 by Citigroup. Jefferies maintained the stock with “Hold” rating in Thursday, July 6 report. The firm has “Market Perform” rating given on Monday, January 9 by William Blair. Susquehanna upgraded The Boston Beer Company, Inc. (NYSE:SAM) on Monday, May 1 to “Positive” rating. The rating was maintained by RBC Capital Markets on Friday, August 4 with “Hold”. The firm has “Hold” rating by Jefferies given on Friday, April 28. Jefferies maintained it with “Hold” rating and $142.0 target in Tuesday, September 5 report. 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 Seekingalpha.com published article titled: “Boston Beer Company: Road To Recovery”, Nasdaq.com published: “Zacks.com highlights: WellCare Health Plans, The Boston Beer Company, AppFolio …” on November 22, 2017. More interesting news about The Boston Beer Company, Inc. (NYSE:SAM) was released by: Zacks.com and their article: “Here’s Why Boston Beer (SAM) Stock Surged in the Past Month” with publication date: December 04, 2017.

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