Molson Coors Beverage Company (TAP) Stock Forecast & Predictions

Molson Coors Beverage Company - Class B TAP: $48.38

P.O. Box 4030, Golden, Colorado, US. | Sector: Manufacturing | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.molsoncoors.com

  • Market Cap$10.90B
  • Change (52 Weeks)-4.41%
  • Low (52 Weeks)$42.13
  • Molson Coors Beverage Company (TAP) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Molson Coors Beverage Company (TAP) is based on 26 Institutional Analyst Ratings where 23.08% are on Strong Buy, 19.23% on Moderate Buy, 34.62% remains on Hold, 0.00% are on Moderate Sell and 23.08% are on Strong Sell.

    Out of 26 Institutional Analysts, majority recommended TAP stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Molson Coors Beverage Company.

    Molson Coors Beverage Company (TAP) Stock Price Prediction By Analysts


    HighLowAverage
    $77.70$41.41$55.40
    $55.4014.51% Upside
    Updated: 2022-01-13 00:00:00

    The Average Price target for TAP set by the institutional analysts is $55.40 where High Estimate is $77.70, Median $52.02 and Low $41.41.

    The average price target for TAP by Institutional Analysts is $55.40, which is 14.51% Upside from the current price. So according to the Institutional Analysts, TAP Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Molson Coors Beverage Company (TAP) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Morgan StanleyEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    Credit SuisseUnderperformMaintained
    Wells FargoEqual-WeightMaintained
    BernsteinOutperformInitiated
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseUnderperformMaintained
    Morgan StanleyEqual-WeightMaintained
    Wolfe ResearchPeer PerformInitiated
    JP MorganUnderweightDowngraded
    Morgan StanleyEqual-WeightMaintained
    JefferiesBuyUpgraded
    Wells FargoEqual-WeightInitiated
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    UBSBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    Credit SuisseUnderperformMaintained
    CitigroupBuyMaintained
    MKM PartnersBuyMaintained
    Goldman SachsSellReiterated
    Morgan StanleyEqual-WeightMaintained
    JefferiesHoldUpgraded
    GuggenheimBuyUpgraded
    CitigroupBuyMaintained
    CitigroupBuyMaintained
    Morgan StanleyEqual-WeightMaintained
    BMO CapitalMarket PerformDowngraded
    BarclaysEqual-WeightDowngraded
    RedburnSellDowngraded
    MKM PartnersBuyInitiated
    Bryan GarnierSellDowngraded
    Bank of AmericaUnderperformDowngraded
    Credit SuisseUnderperformInitiated
    CitigroupBuyMaintained
    Deutsche BankHoldDowngraded
    BMO CapitalOutperformMaintained
    UBSBuyInitiated
    CitigroupBuyMaintained
    Standpoint ResearchBuyInitiated
    GuggenheimNeutralInitiated
    JefferiesUnderperformInitiated
    CitigroupBuyMaintained
    SusquehannaPositiveMaintained
    Morgan StanleyEqual-WeightMaintained
    Stifel NicolausHoldDowngraded
    Morgan StanleyEqual-WeightMaintained
    CitigroupBuyMaintained
    Stifel NicolausBuyMaintained
    Deutsche BankBuyMaintained
    BMO CapitalOutperformMaintained
    Goldman SachsNeutralDowngraded
    CitigroupBuyMaintained
    Credit SuisseOutperformMaintained
    Credit SuisseOutperformMaintained
    BerenbergHoldUpgraded
    BMO CapitalOutperformInitiated
    BarclaysOverweightInitiated
    Deutsche BankBuyInitiated
    CitigroupBuyMaintained
    Credit SuisseNeutralMaintained
    BerenbergSellInitiated
    Credit SuisseNeutralMaintained
    Societe GeneraleHoldDowngraded
    Cowen & Co.Market PerformDowngraded
    JP MorganNeutralInitiated
    Credit SuisseNeutralInitiated
    UBSNeutralInitiated
    CitigroupBuyMaintained
    Stifel NicolausBuyMaintained
    CitigroupBuyUpgraded
    Bryan GarnierBuyUpgraded
    CitigroupNeutralInitiated
    SusquehannaPositiveMaintained
    Bryan GarnierBuyInitiated
    SusquehannaPositiveMaintained
    Societe GeneraleBuyUpgraded
    JP MorganNeutralMaintained
    NomuraNeutralDowngraded
    SusquehannaBuyMaintained
    Morgan StanleyOverweightUpgraded
    SusquehannaPositiveMaintained
    SusquehannaPositiveInitiated
    Goldman SachsNeutralDowngraded
    NomuraBuyUpgraded
    JP MorganNeutralMaintained
    Cowen & Co.OutperformInitiated
    BTIG ResearchNeutralDowngraded
    Credit SuisseOutperformInitiated
    Stifel NicolausBuyMaintained
    Morgan StanleyEqual-weightUpgraded
    Bank of AmericaBuyUpgraded
    ISI GroupBuyUpgraded
    Stifel NicolausBuyMaintained
    NomuraNeutralDowngraded
    Societe GeneraleHoldUpgraded
    Stifel NicolausBuyMaintained
    Societe GeneraleSellInitiated
    Societe GeneraleSellInitiated
    NomuraBuyMaintained
    NomuraBuyMaintained
    Stifel NicolausBuyUpgraded
    Goldman SachsBuyUpgraded
    UBSNeutralMaintained
    ISI GroupNeutralInitiated
    CitigroupNeutralInitiated
    UBSNeutralMaintained
    JP MorganNeutralMaintained
    Morgan StanleyUnderweightDowngraded
    UBSNeutralMaintained
    Bank of AmericaUnderperformMaintained

    Molson Coors Beverage Company (TAP) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.199
    The average consensus EPS for TAP is $0.199 with a high estimate of $0.483 and Low of $-0.010 for the period 2022-03-31 and based on 13 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $1.75$1.54152021-09-30


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $$0.86122021-12-31
    $1.75$1.54152021-09-30
    $1.58$1.352021-06-30
    $0.01$-0.09952021-03-31
    $0.4$0.77352020-12-31
    $1.62$1.02972020-09-30
    $1.55$0.68592020-06-30
    $0.35$0.33242020-03-31
    $1.02$0.78512019-12-31
    $1.48$1.50012019-09-30
    $1.52$1.66482019-06-30
    $0.52$0.58322019-03-31
    $0.84$0.79852018-12-31
    $1.84$1.6092018-09-30
    $1.88$1.85022018-06-30
    $0.48$0.78382018-03-31
    $0.62$0.56852017-12-31
    $1.34$1.35182017-09-30
    $2.19$2.14862017-06-30
    $1.26$1.31052017-03-31
    $0.46$0.86862016-12-31
    $1.03$0.77772016-09-30
    $1.11$1.37362016-06-30
    $0.54$0.56362016-03-31
    $0.49$0.49742015-12-31
    $1.4$1.29712015-09-30
    $1.41$1.33662015-06-30
    $0.46$0.4532015-03-31
    $0.55$0.69432014-12-31
    $1.46$1.4952014-09-30
    $1.57$1.48092014-06-30
    $0.55$0.35552014-03-31
    $0.68$0.73122013-12-31
    $1.45$1.40732013-09-30
    $1.51$1.38882013-06-30
    $0.3$0.34682013-03-31
    $0.69$0.6432012-12-31
    $1.37$1.34842012-09-30
    $1.38$1.20022012-06-30
    $0.47$0.42422012-03-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).