Molson Coors Beverage Company – Consensus Indicates Potential -1.2% Downside

Broker Ratings
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Molson Coors Beverage Company found using ticker (TAP) have now 15 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 68 and 49 calculating the mean target price we have 56. Now with the previous closing price of 56.7 this now indicates there is a potential downside of -1.2%. The 50 day MA is 55.34 and the 200 day moving average is 51.34. The company has a market capitalisation of $12,298m. Visit the company website at: https://www.molsoncoors.com

The potential market cap would be $12,146m based on the market concensus.

Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, Middle East, Africa, and Asia Pacific. It offers flavored malt beverages, craft, and ready to drink beverages. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado.

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