Are Mass Brewers Seeing a Craft Beer Blowback?
It was bound to happen sooner or later: The beer industry may have reached the tipping point with craft brewery acquisitions that means such deals will no longer have the same payoff for the major brewing companies.
And that's not only because of slowing growth in the craft beer segment or the premium price tags small brewers have been able to command, but also the mounting resistance among serious beer consumers.
Image source: Getty Images.
Source: Fool.com
Constellation Brands Inc. Stock
€234.40
-0.130%
With 32 Buy predictions and not a single Sell prediction Constellation Brands Inc. is an absolute favorite of our community.
With a target price of 277 € there is a slightly positive potential of 18.17% for Constellation Brands Inc. compared to the current price of 234.4 €.
