Molson Coors Beverage Company which can be found using ticker (TAP) have now 17 analysts in total covering the stock. The consensus rating is pointing to ‘Hold’. The range between the high target price and low target price is between 68 and 48 with the average target price sitting at $54.68. Given that the stocks previous close was at $52.08 and the analysts are correct then there would likely be a percentage uptick in value of 5.0%. The 50 day MA is $51.96 and the 200 day MA is $52.68. The market capitalization for the company is $11,230m. Find out more information at: https://www.molsoncoors.com
The potential market cap would be $11,791m based on the market consensus.
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Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products under various brands in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers flavored malt beverages including hard seltzers, craft, and ready to drink beverages. It provides its products under Aspall Cider, Blue Moon, Coors Original, Hop Valley brands, Leinenkugel’s, Miller Genuine Draft, Molson Ultra, Sharp’s, Staropramen, and Vizzy Hard Seltzer above premier brands; Bergenbier, Borsodi, Carling, Coors Banquet, Coors Light, Jelen, Kamenitza, Miller Lite, Molson Canadian Lager, Molson Dry, Molson Export, and Niksicko, Ozujsko under the premium brands; and Branik, Icehouse, Keystone, Miller High Life, Milwaukee’s Best, and Steel Reserve under the economy brands. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is headquartered in Golden, Colorado.
The company has a dividend yield of 3.09% with the ex dividend date set at 2-3-2023 (DMY).