Boston Beer traded at $232.25 this Thursday March 26th, increasing $7.98 or 3.56 percent since the previous trading session. Looking back, over the last four weeks, Boston Beer gained 2.41 percent. Over the last 12 months, its price fell by 3.39 percent. Looking ahead, we forecast Boston Beer to be priced at 217.54 by the end of this quarter and at 198.54 in one year, according to Trading Economics global macro models projections and analysts expectations.
The Boston Beer Company, Inc. is an alcoholic beverage company. The Company is engaged in selling alcohol beverages throughout the United States and in selected international markets. Its brands include Truly Hard Seltzer, Twisted Tea, Samuel Adams, Angry Orchard, Hard Cider, and Dogfish Head Craft Brewery, as well as other local craft beer brands. The Company also produces alcohol beverages, including hard seltzer, malt beverages and hard cider at Company-owned breweries and its cidery and under contract arrangements at other brewery locations. The Company’s breweries include Boston Brewery, Cincinnati Brewery, Milton Brewery, Pennsylvania Brewery, Samuel Adams Boston Downtown Tap Room, Dogfish Head Brewings and Eats, Coney Island Brewery, Angel City Brewery and Miami Brewery. The Company also produces a small number of distilled spirits at the Milton Brewery. In addition, the Company owns an apple orchard and cidery located in Walden, New York, and a restaurant in Rehoboth, Delaware.