Research Reports on Beverages Equities - Constellation Brands, Castle Brands, Brown-Forman, and Diageo

NEW YORK, April 5, 2017 /PRNewswire/ --

The Beverages industry, particularly the Wineries and Distillers category, consists of companies engaged in manufacturing wine, champagne, and sparkling wine, as well as distilled alcoholic beverages, such as vodka, brandy, whisky, gin, sake and other malt, and blended alcoholic beverages. Pre-market this morning, Stock-Callers.com follows the performances of these four stocks: Constellation Brands Inc. (NYSE: STZ), Castle Brands Inc. (NYSE MKT: ROX), Brown-Forman Corp. (NYSE: BF-B), and Diageo PLC (NYSE: DEO). Learn more about these stocks by accessing their free research reports at:

http://stock-callers.com/registration

ConstellationBrands 

Victor, New York headquartered Constellation Brands Inc.'s shares saw a slight drop of 0.09%, finishing Tuesday's trading session at $161.51. A total volume of 1.21 million shares was traded. In the last month and the previous three months, the stock has advanced 2.35% and 4.65%, respectively. Additionally, the Company's shares have gained 5.63% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 2.70% and 1.51%, respectively. Moreover, shares of Constellation Brands, which together with its subsidiaries, produces, imports, and markets beer, wine, and spirits in the US, Canada, Mexico, New Zealand, and Italy, have a Relative Strength Index (RSI) of 55.84.

On March 09^th, 2017, Constellation Brands announced that the Company will report financial results for its fiscal fourth quarter and full year ended February 28^th, 2017, on Thursday, April 06^th, 2017, before the open of the US markets. A conference call to discuss the financial results and outlook will be hosted by President and Chief Executive Officer, Rob Sands, and Executive Vice President and Chief Financial Officer, David Klein, at 10:30 a.m. ET on April 06^th, 2017.

On March 21^st, 2017, research firm JP Morgan initiated an 'Overweight' rating on the Company's stock, with a target price of $183 per share. Free research report on STZ is available at:

http://stock-callers.com/registration/?symbol=STZ

CastleBrands 

On Tuesday, shares in New York-based Castle Brands Inc. recorded a trading volume of 4.11 million shares, which was above their three months average volume of 1.08 million shares. The stock ended the session 4.32% higher at $1.69. The Company's shares have surged 74.24% in the last one month, 114.47% over the previous three months, and 122.37% on an YTD basis. The stock is trading 73.52% above its 50-day moving average and 98.85% above its 200-day moving average. Furthermore, shares of Castle Brands, which develops, markets, imports, and sells beverage alcohol products in the US and internationally, have an RSI of 85.73.

On March 30^th, 2017, Castle Brands announced that the Company has acquired an additional 20.1% stake in Gosling-Castle Partners Inc. ("GCP") - its strategic global export venture with the Gosling family. The transaction increases Castle Brands' ownership of GCP to 80.1%, and will enable consolidation for tax purposes. The complimentary research report on ROX can be downloaded at:

http://stock-callers.com/registration/?symbol=ROX

Brown-Forman  

Shares in Louisville, Kentucky headquartered Brown-Forman Corp. closed at $45.82, slightly down 0.13% from the last trading session. The stock recorded a trading volume of 742,239 shares. The Company's shares have gained 2.02% over the previous three months and 2.39% since the start of this year. The stock is trading 1.78% below its 200-day moving average. Additionally, shares of Brown-Forman, which manufactures, bottles, imports, exports, markets, and sells various alcoholic beverages worldwide, have an RSI of 36.71.

On March 07^th, 2017, Brown-Forman reported financial results for Q3 and the first nine months of FY17 ended January 31^st, 2017. For Q3 FY17, net sales were $808 million, reported operating income was $273 million, and diluted earnings per share were $0.47. For the first nine months of the fiscal year, reported net sales were $2,299 million, reported operating income was $778 million, and diluted earnings per share were $1.34.

On March 08^th, 2017, research firm Stifel reiterated its 'Hold' rating on the Company's stock with an increase of the target price from $42 a share to $45 a share. Visit us today and access our complete research report on BF-B at:

http://stock-callers.com/registration/?symbol=BF-B

Diageo  

London, the UK headquartered Diageo PLC's stock ended 0.19% lower at $115.06 with a total trading volume of 314,179 shares. The Company's shares have advanced 2.50% in the last one month, 11.50% over the previous three months, and 11.85% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 1.63% and 5.43%, respectively. Furthermore, shares of Diageo, which produces, markets, and sells alcoholic beverages worldwide, have an RSI of 54.20.

On March 20^th, 2017, the new Baileys Almande Almondmilk Liqueur, a brand owned by Diageo, was introduced nationwide. The dairy-free, gluten-free, and certified vegan liqueur is sold for a suggested retail price of $21 for a 750 ml bottle.

On March 31^st, 2017, research firm Goldman downgraded the Company's stock rating from 'Neutral' to 'Sell'. Get free access to your research report on DEO at:

http://stock-callers.com/registration/?symbol=DEO

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number: +44-330-808-3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE Chelmsford Park SA