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Molson Coors Beverage Co has a consensus price target of $62.32 based on the ratings of 27 analysts. The high is $77 issued by Roth MKM on October 4, 2023. The low is $47 issued by Citigroup on July 10, 2024. The 3 most-recent analyst ratings were released by B of A Securities, Needham, and Exane BNP Paribas on December 6, 2024, December 6, 2024, and November 25, 2024, respectively. With an average price target of $68.67 between B of A Securities, Needham, and Exane BNP Paribas, there's an implied 15.72% upside for Molson Coors Beverage Co from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Molson Coors Beverage (NYSE:TAP) was reported by B of A Securities on December 6, 2024. The analyst firm set a price target for $70.00 expecting TAP to rise to within 12 months (a possible 17.96% upside). 37 analyst firms have reported ratings in the last year.
The latest analyst rating for Molson Coors Beverage (NYSE:TAP) was provided by B of A Securities, and Molson Coors Beverage upgraded their buy rating.
The last upgrade for Molson Coors Beverage Co happened on December 6, 2024 when B of A Securities raised their price target to $70. B of A Securities previously had a neutral for Molson Coors Beverage Co.
The last downgrade for Molson Coors Beverage Co happened on August 7, 2024 when TD Cowen changed their price target from $68 to $58 for Molson Coors Beverage Co.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Molson Coors Beverage, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Molson Coors Beverage was filed on December 6, 2024 so you should expect the next rating to be made available sometime around December 6, 2025.
While ratings are subjective and will change, the latest Molson Coors Beverage (TAP) rating was a upgraded with a price target of $57.00 to $70.00. The current price Molson Coors Beverage (TAP) is trading at is $59.34, which is within the analyst’s predicted range.
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