Molson Coors Beverage Company – Consensus Indicates Potential 9.5% Upside

Broker Ratings
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Molson Coors Beverage Company with ticker code (TAP) have now 19 analysts covering the stock. The analyst consensus points to a rating of ‘Hold’. The range between the high target price and low target price is between 75 and 41 calculating the average target price we see 54.08. Given that the stocks previous close was at 49.37 this would indicate that there is a potential upside of 9.5%. There is a 50 day moving average of 47.05 while the 200 day moving average is 50.09. The market capitalisation for the company is $10,572m. You can visit the company’s website by visiting: https://www.molsoncoors.com

The potential market cap would be $11,581m based on the market concensus.

Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products in the United States, Canada, Europe, and internationally. 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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