Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Molson Coors Beverage Co has a consensus price target of $61.13 based on the ratings of 25 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 Barclays, Wells Fargo, and JP Morgan on November 11, 2024, November 8, 2024, and October 18, 2024, respectively. With an average price target of $61.67 between Barclays, Wells Fargo, and JP Morgan, there's an implied -0.89% downside 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 Barclays on November 11, 2024. The analyst firm set a price target for $51.00 expecting TAP to fall to within 12 months (a possible -18.04% downside). 35 analyst firms have reported ratings in the last year.
The latest analyst rating for Molson Coors Beverage (NYSE:TAP) was provided by Barclays, and Molson Coors Beverage maintained their underweight rating.
The last upgrade for Molson Coors Beverage Co happened on November 8, 2024 when Wells Fargo raised their price target to $74. Wells Fargo previously had an underweight 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 November 11, 2024 so you should expect the next rating to be made available sometime around November 11, 2025.
While ratings are subjective and will change, the latest Molson Coors Beverage (TAP) rating was a maintained with a price target of $49.00 to $51.00. The current price Molson Coors Beverage (TAP) is trading at is $62.22, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.