Molson Coors Beverage Company – Consensus Indicates Potential 5.5% Upside

Broker Ratings
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Molson Coors Beverage Company found using ticker (TAP) have now 18 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The target price ranges between 76 and 41 with a mean TP of 56.94. Now with the previous closing price of 53.98 this indicates there is a potential upside of 5.5%. There is a 50 day moving average of 53.88 and the 200 day moving average is 49.19. The company has a market capitalisation of $11,624m. Visit the company website at: https://www.molsoncoors.com

The potential market cap would be $12,262m 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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