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Constellation Brands gets approval to expand Drylands winery in Marlborough

2016-01-13 03:52:02| Beverages - Topix.net

Constellation Brands New Zealand plan to increase production at its Marlborough winery from 20 million litres a year to 40 million litres. One of New Zealand's largest wine companies has been given the green light to double production at its Marlborough winery.

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Smart investments will further boost Constellation Brands' beer fortunes, says CEO

2016-01-12 00:49:40| Beverages - Topix.net

Constellation Brands sees a bright future in the high-end beer market, and its strategies to embrace the category's potential include a new 10m hectoliter brewery in Mexicali, more capacity for its Nava brewery, and growth for recently-acquired Ballast Point. CEO Rob Sands says the company is investing now to ensure long-term capacity and quality, following on from 'remarkable' results in beer in its latest quarter.

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Argus Increases Constellation Brands, Inc. (STZ) Price Target to $172.00

2016-01-11 21:39:02| Beverages - Topix.net

The firm presently has a "buy" rating on the stock. Argus' price objective indicates a potential upside of 17.01% from the company's previous close.

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FY2016 EPS Estimates for Constellation Brands, Inc. (STZ) Raised by Analyst

2016-01-11 19:38:46| Beverages - Topix.net

Constellation Brands, Inc. - Research analysts at SunTrust raised their FY2016 earnings per share estimates for Constellation Brands in a research report issued on Friday, Zacks Investment Research reports. SunTrust analyst W. Chappell now anticipates that the firm will earn $5.40 per share for the year, up from their prior forecast of $5.16.

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