Molson Coors Beverage Co has a consensus price target of $57.44, established from looking at the 78 latest analyst ratings. The last 3 analyst ratings were released from Piper Sandler, Barclays, and Barclays on March 22, 2024, February 15, 2024, and January 16, 2024. With an average price target of $66 between Piper Sandler, Barclays, and Barclays, there's an implied -1.99% downside for Molson Coors Beverage Co from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
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03/22/2024 | TAP | Buy Now | Molson Coors Beverage | $67.34 | 2.47% | Piper Sandler | Michael Lavery | — | Initiates | → Neutral | Get Alert |
02/15/2024 | TAP | Buy Now | Molson Coors Beverage | $67.34 | -3.47% | Barclays | Lauren Lieberman | $64 → $65 | Maintains | Equal-Weight | Get Alert |
01/16/2024 | TAP | Buy Now | Molson Coors Beverage | $67.34 | -4.96% | Barclays | Lauren Lieberman | $65 → $64 | Maintains | Equal-Weight | Get Alert |
11/30/2023 | TAP | Buy Now | Molson Coors Beverage | $67.34 | 0.98% | HSBC | Carlos Laboy | → $68 | Initiates | → Hold | Get Alert |
11/13/2023 | TAP | Buy Now | Molson Coors Beverage | $67.34 | -7.93% | Jefferies | Kaumil Gajrawala | → $62 | Initiates | → Hold | Get Alert |
11/06/2023 | TAP | Buy Now | Molson Coors Beverage | $67.34 | 3.95% | Wedbush | Gerald Pascarelli | → $70 | Reiterates | Neutral → Neutral | Get Alert |
11/03/2023 | TAP | Buy Now | Molson Coors Beverage | $67.34 | -13.87% | Deutsche Bank | Steve Powers | $57 → $58 | Upgrade | Sell → Hold | Get Alert |
10/12/2023 | TAP | Buy Now | Molson Coors Beverage | $67.34 | -1.99% | Barclays | Lauren Lieberman | $68 → $66 | Maintains | Equal-Weight | Get Alert |
10/11/2023 | TAP | Buy Now | Molson Coors Beverage | $67.34 | -3.47% | Citigroup | Filippo Falorni | $72 → $65 | Maintains | Neutral | Get Alert |
10/04/2023 | TAP | Buy Now | Molson Coors Beverage | $67.34 | 14.35% | Roth MKM | Bill Kirk | $77 → $77 | Reiterates | Buy → Buy | Get Alert |
10/04/2023 | TAP | Buy Now | Molson Coors Beverage | $67.34 | -3.47% | Wells Fargo | Chris Carey | $64 → $65 | Maintains | Underweight | Get Alert |
10/04/2023 | TAP | Buy Now | Molson Coors Beverage | $67.34 | 6.92% | B of A Securities | Bryan Spillane | $70 → $72 | Maintains | Neutral | Get Alert |
08/03/2023 | TAP | Buy Now | Molson Coors Beverage | $67.34 | -0.5% | Barclays | Lauren Lieberman | $70 → $67 | Maintains | Equal-Weight | Get Alert |
08/02/2023 | TAP | Buy Now | Molson Coors Beverage | $67.34 | 2.47% | JP Morgan | Andrea Teixeira | $72 → $69 | Maintains | Neutral | Get Alert |
08/02/2023 | TAP | Buy Now | Molson Coors Beverage | $67.34 | -6.44% | Morgan Stanley | Dara Mohsenian | $63 → $63 | Reiterates | Equal-Weight → Equal-Weight | Get Alert |
07/26/2023 | TAP | Buy Now | Molson Coors Beverage | $67.34 | -6.44% | Morgan Stanley | Dara Mohsenian | $58 → $63 | Maintains | Equal-Weight | Get Alert |
07/21/2023 | TAP | Buy Now | Molson Coors Beverage | $67.34 | 6.92% | JP Morgan | Andrea Teixeira | $64 → $72 | Maintains | Neutral | Get Alert |
07/20/2023 | TAP | Buy Now | Molson Coors Beverage | $67.34 | 2.47% | Goldman Sachs | Bonnie Herzog | $61 → $69 | Maintains | Neutral | Get Alert |
07/20/2023 | TAP | Buy Now | Molson Coors Beverage | $67.34 | 3.95% | Barclays | Lauren Lieberman | $69 → $70 | Maintains | Equal-Weight | Get Alert |
The latest price target for Molson Coors Beverage (NYSE: TAP) was reported by Piper Sandler on March 22, 2024. The analyst firm set a price target for $69.00 expecting TAP to rise to within 12 months (a possible 2.47% upside). 36 analyst firms have reported ratings in the last year.
The latest analyst rating for Molson Coors Beverage (NYSE: TAP) was provided by Piper Sandler, and Molson Coors Beverage initiated their neutral rating.
The last upgrade for Molson Coors Beverage Co happened on November 3, 2023 when Deutsche Bank raised their price target to $58. Deutsche Bank previously had a sell for Molson Coors Beverage Co.
The last downgrade for Molson Coors Beverage Co happened on January 3, 2023 when Wells Fargo changed their price target from N/A to $45 for Molson Coors Beverage Co.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Molson Coors Beverage, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Molson Coors Beverage was filed on March 22, 2024 so you should expect the next rating to be made available sometime around March 22, 2025.
While ratings are subjective and will change, the latest Molson Coors Beverage (TAP) rating was a initiated with a price target of $0.00 to $69.00. The current price Molson Coors Beverage (TAP) is trading at is $67.34, which is within the analyst’s predicted range.
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