Deutsche Bank Aktiengesellschaft Lowers Molson Coors Beverage (NYSE:TAP) Price Target to $41.00

Key Points

• Deutsche Bank cut its price target on Molson Coors from $45.00 to $41.00 and kept a "hold" rating, implying roughly a 4.2% downside from the current share price.
• Multiple brokers have trimmed targets recently, but the Street consensus remains a "Hold" with a consensus price target of $50.27.
• Shares traded at $42.80 (down 1.4%) and near a 12‑month low of $41.04; the company has an $8.04 billion market cap and an insider (Andrew Thomas Molson) purchased 2,000 shares at $46.67.

Molson Coors Beverage (NYSE:TAP - Get Free Report) had its price target decreased by investment analysts at Deutsche Bank Aktiengesellschaft from $45.00 to $41.00 in a report issued on Monday,Benzinga reports. The brokerage currently has a "hold" rating on the stock. Deutsche Bank Aktiengesellschaft's target price would indicate a potential downside of 4.21% from the stock's current price.

TAP has been the topic of a number of other reports. Barclays cut their price objective on Molson Coors Beverage from $47.00 to $40.00 and set an "underweight" rating on the stock in a research note on Wednesday, March 25th. UBS Group set a $52.00 target price on Molson Coors Beverage in a research report on Friday, February 20th. TD Cowen dropped their price target on Molson Coors Beverage from $47.00 to $43.00 and set a "hold" rating on the stock in a research report on Friday, February 20th. Piper Sandler reduced their price objective on Molson Coors Beverage from $50.00 to $45.00 and set a "neutral" rating on the stock in a research note on Thursday, February 19th. Finally, Weiss Ratings reaffirmed a "sell (d)" rating on shares of Molson Coors Beverage in a report on Friday. Five research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and five have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus price target of $50.27.

Molson Coors Beverage Trading Down 1.4%

Shares of TAP traded down $0.60 during trading hours on Monday, hitting $42.80. The stock had a trading volume of 896,177 shares, compared to its average volume of 3,084,093. The company's fifty day simple moving average is $47.68 and its 200 day simple moving average is $46.86. Molson Coors Beverage has a 12-month low of $41.04 and a 12-month high of $63.50. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.42 and a current ratio of 0.55. The firm has a market cap of $8.04 billion, a P/E ratio of -3.95 and a beta of 0.49.

Molson Coors Beverage (NYSE:TAP - Get Free Report) last released its quarterly earnings data on Wednesday, February 18th. The company reported $1.21 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.04. Molson Coors Beverage had a negative net margin of 16.41% and a positive return on equity of 9.04%. The company had revenue of $2.03 billion during the quarter, compared to analyst estimates of $2.71 billion. During the same quarter in the prior year, the business earned $1.30 earnings per share. The business's quarterly revenue was down 2.7% compared to the same quarter last year. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. Equities research analysts forecast that Molson Coors Beverage will post 6.35 EPS for the current fiscal year.

Insiders Place Their Bets

In other Molson Coors Beverage news, Director Andrew Thomas Molson acquired 2,000 shares of Molson Coors Beverage stock in a transaction dated Monday, March 9th. The stock was bought at an average price of $46.67 per share, for a total transaction of $93,340.00. Following the transaction, the director owned 24,654 shares in the company, valued at approximately $1,150,602.18. This trade represents a 8.83% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.71% of the stock is owned by company insiders.

Institutional Investors Weigh In On Molson Coors Beverage

A number of institutional investors and hedge funds have recently modified their holdings of TAP. Geneos Wealth Management Inc. raised its holdings in Molson Coors Beverage by 32.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 800 shares of the company's stock worth $49,000 after buying an additional 198 shares during the period. UMB Bank n.a. increased its position in shares of Molson Coors Beverage by 16.5% in the fourth quarter. UMB Bank n.a. now owns 1,467 shares of the company's stock worth $68,000 after acquiring an additional 208 shares in the last quarter. New York Life Investment Management LLC increased its position in shares of Molson Coors Beverage by 0.9% in the fourth quarter. New York Life Investment Management LLC now owns 22,904 shares of the company's stock worth $1,069,000 after acquiring an additional 210 shares in the last quarter. Smartleaf Asset Management LLC raised its holdings in shares of Molson Coors Beverage by 64.2% during the second quarter. Smartleaf Asset Management LLC now owns 565 shares of the company's stock valued at $27,000 after acquiring an additional 221 shares during the period. Finally, SBI Securities Co. Ltd. raised its holdings in shares of Molson Coors Beverage by 84.1% during the fourth quarter. SBI Securities Co. Ltd. now owns 534 shares of the company's stock valued at $25,000 after acquiring an additional 244 shares during the period. Institutional investors and hedge funds own 78.46% of the company's stock.

Molson Coors Beverage Company Profile

Molson Coors Beverage Company is a leading multinational brewing and beverage enterprise formed through the 2005 merger of Canada's Molson and the United States' Coors. The company develops, markets and distributes an array of alcoholic and non-alcoholic beverages, focusing primarily on beer and ready-to-drink products. Its portfolio spans flagship brands such as Coors Light, Molson Canadian and Miller Lite, alongside craft-style offerings like Blue Moon and global imports including Carling and Staropramen.

In addition to its core beer business, Molson Coors has expanded into adjacent categories to capture evolving consumer tastes.

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