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Molson Coors Beverage (TAP) Stock Forecast & Price Target

$51.24
+0.07 (+0.14%)
(As of 07/12/2024 ET)

Molson Coors Beverage - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Consensus Price Target

$63.13
23.21% Upside
High Forecast$77.00
Average Forecast$63.13
Low Forecast$47.00
TypeCurrent Forecast
7/14/23 to 7/13/24
1 Month Ago
6/14/23 to 6/13/24
3 Months Ago
4/15/23 to 4/14/24
1 Year Ago
7/14/22 to 7/14/23
Consensus Rating
Hold
Hold
Hold
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
4 Buy rating(s)
Hold
10 Hold rating(s)
10 Hold rating(s)
10 Hold rating(s)
5 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
1 Sell rating(s)
4 Sell rating(s)
Consensus Price Target$63.13$65.07$68.20$60.80
Forecasted Upside23.21% Upside7.76% Upside8.08% Upside6.61% Upside
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TAP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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TAP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Molson Coors Beverage Stock vs. The Competition

TypeMolson Coors BeverageConsumer Staples CompaniesS&P 500
Consensus Rating Score
2.07
2.43
2.50
Consensus RatingHoldHoldModerate Buy
Predicted Upside23.21% Upside740.67% Upside9.17% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/10/2024Citigroup
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 Lower TargetSell ➝ Sell$53.00 ➝ $47.00-6.80%
7/10/2024Bank of America
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 Lower TargetNeutral ➝ Neutral$62.00 ➝ $54.00+7.63%
7/10/2024Wells Fargo & Company
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 Lower TargetUnderweight ➝ Underweight$55.00 ➝ $50.00-0.42%
5/29/2024Barclays
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 Lower TargetEqual Weight ➝ Equal Weight$62.00 ➝ $55.00+3.85%
5/1/2024UBS Group
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 Lower TargetNeutral ➝ Neutral$70.00 ➝ $64.00+12.56%
5/1/2024JPMorgan Chase & Co.
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 Lower TargetNeutral ➝ Neutral$66.00 ➝ $60.00+5.02%
5/1/2024Evercore ISI
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 Lower TargetOutperform ➝ Outperform$70.00 ➝ $68.00+19.05%
4/17/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetHold ➝ Hold$64.00 ➝ $65.00+2.19%
4/9/2024The Goldman Sachs Group
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 UpgradeNeutral ➝ Buy$66.00 ➝ $75.00+12.56%
3/22/2024Piper Sandler
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 Initiated CoverageNeutral$69.00+2.88%
11/30/2023HSBC
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 Initiated CoverageHold$68.00+13.14%
11/13/2023Jefferies Financial Group
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 Initiated CoverageHold$62.00+5.14%
11/6/2023Wedbush
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 Reiterated RatingNeutral ➝ Neutral$70.00+17.41%
10/4/2023Roth Mkm
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 Reiterated RatingBuy ➝ Buy$77.00+23.46%
8/2/2023Morgan Stanley
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 Reiterated RatingEqual Weight ➝ Equal Weight$63.00-6.43%
6/26/202358.com
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 Reiterated RatingMaintains
6/26/202351job
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 Reiterated RatingMaintains
2/22/2023Credit Suisse Group
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 Boost TargetUnderperform$46.00 ➝ $49.00-8.67%
2/21/2023Roth Capital
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W. Kirk
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Reiterated RatingBuy
1/6/2023Cowen
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 UpgradeMarket Perform ➝ Outperform$55.00 ➝ $60.00+21.02%
9/1/2022Bryan, Garnier & Co
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Nikolaas Faes
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DowngradeBuy ➝ Sell$54.00+4.51%
8/9/2022Sanford C. Bernstein
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 Lower Target$57.00+3.41%
7/13/2022Redburn Partners
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 UpgradeSell ➝ Neutral

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 12:10 AM ET.

TAP Forecast - Frequently Asked Questions

What is Molson Coors Beverage's forecast for 2024?

According to the research reports of 15 Wall Street equities research analysts, the average twelve-month stock price forecast for Molson Coors Beverage is $63.13, with a high forecast of $77.00 and a low forecast of $47.00.

Should I buy or sell Molson Coors Beverage stock right now?

15 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Molson Coors Beverage in the last year. There are currently 2 sell ratings, 10 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" TAP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in TAP, but not buy additional shares or sell existing shares.

Does Molson Coors Beverage's stock price have much upside?

According to analysts, Molson Coors Beverage's stock has a predicted upside of 7.54% based on their 12-month stock forecasts.

Has Molson Coors Beverage been downgraded by Wall Street analysts recently?

Over the previous 90 days, Molson Coors Beverage's stock had 1 downgrade by analysts.

What analysts cover Molson Coors Beverage?

Molson Coors Beverage has been rated by research analysts at Bank of America, Barclays, Citigroup, Deutsche Bank Aktiengesellschaft, Evercore ISI, JPMorgan Chase & Co., UBS Group, and Wells Fargo & Company in the past 90 days.

Do Wall Street analysts like Molson Coors Beverage more than its competitors?

Analysts like Molson Coors Beverage less than other "consumer staples" companies. The consensus rating score for Molson Coors Beverage is 2.07 while the average consensus rating score for "consumer staples" companies is 2.43. Learn more on how TAP compares to other companies.


This page (NYSE:TAP) was last updated on 7/13/2024 by MarketBeat.com Staff

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