Molson Coors Beverage Co has a consensus price target of $59.88, established from looking at the 80 latest analyst ratings. The last 3 analyst ratings were released from Citigroup, Deutsche Bank, and Citigroup on April 24, 2024, April 17, 2024, and April 16, 2024. With an average price target of $62.33 between Citigroup, Deutsche Bank, and Citigroup, there's an implied -2.15% 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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04/24/2024 | TAP | Buy Now | Molson Coors Beverage | $63.70 | -12.09% | Citigroup | Filippo Falorni | $66 → $56 | Downgrade | Neutral → Sell | Get Alert |
04/17/2024 | TAP | Buy Now | Molson Coors Beverage | $63.70 | 2.04% | Deutsche Bank | Steve Powers | $64 → $65 | Maintains | Hold | Get Alert |
04/16/2024 | TAP | Buy Now | Molson Coors Beverage | $63.70 | 3.61% | Citigroup | Filippo Falorni | $63 → $66 | Maintains | Neutral | Get Alert |
04/12/2024 | TAP | Buy Now | Molson Coors Beverage | $63.70 | 5.18% | Barclays | Lauren Lieberman | $65 → $67 | Maintains | Equal-Weight | Get Alert |
04/09/2024 | TAP | Buy Now | Molson Coors Beverage | $63.70 | 17.74% | Goldman Sachs | Bonnie Herzog | $66 → $75 | Upgrade | Neutral → Buy | Get Alert |
03/22/2024 | TAP | Buy Now | Molson Coors Beverage | $63.70 | 8.32% | Piper Sandler | Michael Lavery | — | Initiates | → Neutral | Get Alert |
02/15/2024 | TAP | Buy Now | Molson Coors Beverage | $63.70 | 2.04% | Barclays | Lauren Lieberman | $64 → $65 | Maintains | Equal-Weight | Get Alert |
01/16/2024 | TAP | Buy Now | Molson Coors Beverage | $63.70 | 0.47% | Barclays | Lauren Lieberman | $65 → $64 | Maintains | Equal-Weight | Get Alert |
11/30/2023 | TAP | Buy Now | Molson Coors Beverage | $63.70 | 6.75% | HSBC | Carlos Laboy | → $68 | Initiates | → Hold | Get Alert |
11/13/2023 | TAP | Buy Now | Molson Coors Beverage | $63.70 | -2.67% | Jefferies | Kaumil Gajrawala | → $62 | Initiates | → Hold | Get Alert |
11/06/2023 | TAP | Buy Now | Molson Coors Beverage | $63.70 | 9.89% | Wedbush | Gerald Pascarelli | → $70 | Reiterates | Neutral → Neutral | Get Alert |
11/03/2023 | TAP | Buy Now | Molson Coors Beverage | $63.70 | -8.95% | Deutsche Bank | Steve Powers | $57 → $58 | Upgrade | Sell → Hold | Get Alert |
10/12/2023 | TAP | Buy Now | Molson Coors Beverage | $63.70 | 3.61% | Barclays | Lauren Lieberman | $68 → $66 | Maintains | Equal-Weight | Get Alert |
10/11/2023 | TAP | Buy Now | Molson Coors Beverage | $63.70 | 2.04% | Citigroup | Filippo Falorni | $72 → $65 | Maintains | Neutral | Get Alert |
10/04/2023 | TAP | Buy Now | Molson Coors Beverage | $63.70 | 20.88% | Roth MKM | Bill Kirk | $77 → $77 | Reiterates | Buy → Buy | Get Alert |
10/04/2023 | TAP | Buy Now | Molson Coors Beverage | $63.70 | 2.04% | Wells Fargo | Chris Carey | $64 → $65 | Maintains | Underweight | Get Alert |
10/04/2023 | TAP | Buy Now | Molson Coors Beverage | $63.70 | 13.03% | B of A Securities | Bryan Spillane | $70 → $72 | Maintains | Neutral | Get Alert |
08/03/2023 | TAP | Buy Now | Molson Coors Beverage | $63.70 | 5.18% | Barclays | Lauren Lieberman | $70 → $67 | Maintains | Equal-Weight | Get Alert |
08/02/2023 | TAP | Buy Now | Molson Coors Beverage | $63.70 | 8.32% | JP Morgan | Andrea Teixeira | $72 → $69 | Maintains | Neutral | Get Alert |
The latest price target for Molson Coors Beverage (NYSE: TAP) was reported by Citigroup on April 24, 2024. The analyst firm set a price target for $56.00 expecting TAP to fall to within 12 months (a possible -12.09% downside). 39 analyst firms have reported ratings in the last year.
The latest analyst rating for Molson Coors Beverage (NYSE: TAP) was provided by Citigroup, and Molson Coors Beverage downgraded their sell rating.
The last upgrade for Molson Coors Beverage Co happened on April 9, 2024 when Goldman Sachs raised their price target to $75. Goldman Sachs previously had a neutral for Molson Coors Beverage Co.
The last downgrade for Molson Coors Beverage Co happened on April 24, 2024 when Citigroup changed their price target from $66 to $56 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 April 24, 2024 so you should expect the next rating to be made available sometime around April 24, 2025.
While ratings are subjective and will change, the latest Molson Coors Beverage (TAP) rating was a downgraded with a price target of $66.00 to $56.00. The current price Molson Coors Beverage (TAP) is trading at is $63.70, which is out of the analyst’s predicted range.
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