Molson Coors Beverage Company – Consensus Indicates Potential -1.3% Downside

Broker Ratings
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Molson Coors Beverage Company with ticker code (TAP) now have 15 analysts covering the stock with the consensus suggesting a rating of ‘Hold’. The range between the high target price and low target price is between 68 and 49 with a mean TP of 56. Now with the previous closing price of 56.71 this indicates there is a potential downside of -1.3%. There is a 50 day moving average of 55.39 while the 200 day moving average is 51.4. The company has a market capitalisation of $12,244m. Find out more information at: https://www.molsoncoors.com

The potential market cap would be $12,090m 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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