Molson Coors Beverage Company – Consensus Indicates Potential 9.4% Upside

Broker Ratings
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Molson Coors Beverage Company with ticker code (TAP) have now 18 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 74 and 41 calculating the mean target price we have 55.22. With the stocks previous close at 50.49 this would imply there is a potential upside of 9.4%. The 50 day MA is 50.83 and the 200 day MA is 48.58. The company has a market capitalisation of $11,185m. You can visit the company’s website by visiting: https://www.molsoncoors.com

The potential market cap would be $12,233m 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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