News headlines about Craft Brew Alliance (NASDAQ:BREW) have been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Craft Brew Alliance earned a media sentiment score of 0.21 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.5396314274399 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.
Shares of Craft Brew Alliance (NASDAQ:BREW) opened at $18.60 on Friday. The company has a market capitalization of $359.88, a P/E ratio of 206.67 and a beta of 0.44. Craft Brew Alliance has a 12 month low of $12.00 and a 12 month high of $20.10. The company has a quick ratio of 1.18, a current ratio of 1.56 and a debt-to-equity ratio of 0.19.
Several equities analysts have weighed in on BREW shares. Zacks Investment Research cut Craft Brew Alliance from a “buy” rating to a “hold” rating in a research note on Monday, October 23rd. Susquehanna Bancshares set a $22.00 target price on Craft Brew Alliance and gave the company a “buy” rating in a research note on Monday, December 11th. Stifel Nicolaus started coverage on Craft Brew Alliance in a research note on Tuesday, December 5th. They set a “hold” rating and a $19.00 target price on the stock. BMO Capital Markets started coverage on Craft Brew Alliance in a research note on Monday, February 5th. They set a “market perform” rating and a $19.00 target price on the stock. Finally, Citigroup lifted their target price on Craft Brew Alliance from $21.00 to $22.00 and gave the company a “neutral” rating in a research note on Tuesday, February 6th. Four investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The company presently has an average rating of “Buy” and an average price target of $20.67.
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Craft Brew Alliance, Inc is a craft brewing company that is engaged in brewing, branding and bringing to market American craft beers. The Company operates through two segments: Beer Related operations, which include the brewing operations and related domestic and international beer and cider sales of its Kona, Widmer Brothers, Redhook and Omission beer brands, and Square Mile cider brand, and Pubs operations, which include its approximately five pubs, over four of which are located adjacent to its Beer Related operations, as well as other merchandise sales, and sales of its beers directly to customers.
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