Molson Coors Beverage Company which can be found using ticker (TAP) now have 17 market analysts covering the stock. The analyst consensus now points to a rating of ‘Hold’. The target price High/Low ranges between 68 and 47 and has a mean target at $54.62. Given that the stocks previous close was at $49.99 this would indicate that there is a potential upside of 9.3%. There is a 50 day moving average of $51.97 while the 200 day moving average is $52.54. The market capitalization for the company is $10,768m. Visit the company website at: https://www.molsoncoors.com
The potential market cap would be $11,765m based on the market consensus.
Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, and ready to drink beverages. It provides its products under Aspall Cider, Blue Moon, Coors Original, Hop Valley brands, Leinenkugel’s, Miller Genuine Draft, Molson Ultra, Sharp’s, Staropramen, and Vizzy Hard Seltzer above premier brands; Bergenbier, Borsodi, Carling, Coors Banquet, Coors Light, Jelen, Kamenitza, Miller Lite, Molson Canadian Lager, Molson Dry, Molson Export, and Niksicko, Ozujsko under the premium brands; and Branik, Icehouse, Keystone, Miller High Life, Milwaukee’s Best, and Steel Reserve under the economy brands. 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 headquartered in Golden, Colorado.
The company has a dividend yield of 3.29% with the ex dividend date set at 2-3-2023 (DMY).
