Craft Brew Alliance, Inc. (NASDAQ:BREW) has analysts on the Bullish side this week.

January 21, 2018 - By Vivian Currie

 Craft Brew Alliance, Inc. (NASDAQ:BREW) has analysts on the Bullish side this week.
Investors sentiment decreased to 1 in 2017 Q3. Its down 0.06, from 1.06 in 2017Q2. It is negative, as 10 investors sold Craft Brew Alliance, Inc. shares while 20 reduced holdings. 8 funds opened positions while 22 raised stakes. 6.32 million shares or 7.30% more from 5.89 million shares in 2017Q2 were reported.
Millennium Management Ltd Llc invested in 0.01% or 387,354 shares. California Employees Retirement Systems holds 39,190 shares or 0% of its portfolio. Advisory Network holds 0% or 29 shares. Oberweis Asset holds 57,500 shares or 0.28% of its portfolio. Dimensional Fund Advsr Limited Partnership accumulated 1.28M shares. Parametric Port Associates Llc has invested 0% in Craft Brew Alliance, Inc. (NASDAQ:BREW). California State Teachers Retirement Systems, a California-based fund reported 19,929 shares. Manufacturers Life Insur Communications The has invested 0% of its portfolio in Craft Brew Alliance, Inc. (NASDAQ:BREW). Tradewinds Capital Management Ltd Liability stated it has 0% in Craft Brew Alliance, Inc. (NASDAQ:BREW). Aqr Mngmt Llc holds 15,645 shares or 0% of its portfolio. Perkins Capital Mgmt invested in 12,550 shares or 0.23% of the stock. Wellington Shields Cap Mngmt Limited Liability Corporation accumulated 0.08% or 33,800 shares. Royal Fincl Bank Of Canada, Ontario – Canada-based fund reported 1,301 shares. Tiaa Cref Invest Mgmt Lc accumulated 33,463 shares. Moreover, Susquehanna Group Llp has 0% invested in Craft Brew Alliance, Inc. (NASDAQ:BREW).

Since August 7, 2017, it had 1 buying transaction, and 1 sale for $71,227 activity. Thomas Andrew J. also sold $72,560 worth of Craft Brew Alliance, Inc. (NASDAQ:BREW) shares.

Craft Brew Alliance, Inc. (NASDAQ:BREW) Ratings Coverage

Among 7 analysts covering Craft Brew Alliance (NASDAQ:BREW), 5 have Buy rating, 0 Sell and 2 Hold. Therefore 71% are positive. Craft Brew Alliance had 15 analyst reports since August 6, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Thursday, August 3 by Cowen & Co. The rating was maintained by Cowen & Co with “Buy” on Thursday, November 9. Citigroup maintained Craft Brew Alliance, Inc. (NASDAQ:BREW) rating on Friday, August 7. Citigroup has “Neutral” rating and $10 target. TH Capital maintained the stock with “Buy” rating in Thursday, August 6 report. Sidoti upgraded the shares of BREW in report on Thursday, August 4 to “Buy” rating. The rating was maintained by Citigroup with “Neutral” on Monday, November 13. Cowen & Co maintained it with “Buy” rating and $1900 target in Thursday, July 13 report. The stock of Craft Brew Alliance, Inc. (NASDAQ:BREW) has “Buy” rating given on Tuesday, September 12 by Cowen & Co. The stock of Craft Brew Alliance, Inc. (NASDAQ:BREW) has “Neutral” rating given on Friday, August 5 by Citigroup. The company was maintained on Wednesday, June 15 by Citigroup. Below is a list of Craft Brew Alliance, Inc. (NASDAQ:BREW) latest ratings and price target changes.

06/12/2017 Broker: Stifel Nicolaus Rating: Hold New Target: $19 Initiates Coverage On
13/11/2017 Broker: Citigroup Rating: Neutral Old Target: $19 New Target: $21 Maintain
09/11/2017 Broker: Cowen & Co Rating: Buy New Target: $23.0 Maintain
02/10/2017 Broker: Susquehanna Rating: Buy New Target: $22.0 Initiate
12/09/2017 Broker: Cowen & Co Rating: Buy New Target: $20.0 Maintain
03/08/2017 Broker: Cowen & Co Rating: Buy New Target: $20.0000 Maintain

The stock increased 1.04% or $0.2 during the last trading session, reaching $19.5. About 45,625 shares traded. Craft Brew Alliance, Inc. (NASDAQ:BREW) has risen 110.98% since January 21, 2017 and is uptrending. It has outperformed by 94.28% the S&P500.

Craft Brew Alliance, Inc. brews and sells craft beers and ciders under the Kona, Widmer Brothers, Redhook, Omission, and Square Mile brand names in the United States. The company has market cap of $376.28 million. It operates in two divisions, Beer Related Operations and Brewpubs Operations. It has a 216.67 P/E ratio. The firm sells its beers directly to clients in draft, cans, and bottles at restaurants, bars, and liquor stores; and in cans and bottles at supermarkets, warehouse clubs, convenience stores, and drug stores, as well as directly to clients at its brewpubs and breweries.

More notable recent Craft Brew Alliance, Inc. (NASDAQ:BREW) news were published by: Fool.com which released: “Why Craft Brew Alliance Inc. Stock Is Surging Today” on May 04, 2017, also Seekingalpha.com with their article: “Looking Ahead Of Craft Brew Alliance’s 2nd Quarter Earnings” published on August 02, 2017, Seekingalpha.com published: “Taking Profits In Craft Brew Alliance – Even After A Strong Quarter” on November 13, 2017. More interesting news about Craft Brew Alliance, Inc. (NASDAQ:BREW) were released by: Seekingalpha.com and their article: “Craft Brew Alliance Is Overvalued” published on July 17, 2017 as well as Seekingalpha.com‘s news article titled: “Is Something Brewing At Craft Brew Alliance? Take II” with publication date: January 16, 2018.

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