Molson Coors Beverage Company (TAP)
NYSE: TAP · Real-Time Price · USD
55.34
+0.74 (1.36%)
Sep 26, 2024, 4:00 PM EDT - Market closed
TAP Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for TAP stock have an average target of 60.53, with a low estimate of 47 and a high estimate of 77. The average target predicts an increase of 9.38% from the current stock price of 55.34.
Analyst Consensus: Hold
* Price targets were last updated on Aug 8, 2024.
Analyst Ratings
The average analyst rating for TAP stock from 15 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 3 | 3 | 2 | 2 | 2 |
| Buy | 2 | 1 | 1 | 1 | 1 | 1 |
| Hold | 10 | 10 | 10 | 9 | 9 | 9 |
| Sell | 1 | 1 | 1 | 2 | 2 | 2 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 18 | 16 | 16 | 15 | 15 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Sell Maintains $47 → $49 | Sell | Maintains | $47 → $49 | -11.46% | Aug 8, 2024 |
| TD Cowen | TD Cowen | Strong Buy → Hold Downgrades $68 → $58 | Strong Buy → Hold | Downgrades | $68 → $58 | +4.81% | Aug 7, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $54 → $57 | Hold | Maintains | $54 → $57 | +3.00% | Aug 7, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $56 → $57 | Hold | Maintains | $56 → $57 | +3.00% | Aug 7, 2024 |
| UBS | UBS | Hold Maintains $55 → $58 | Hold | Maintains | $55 → $58 | +4.81% | Aug 7, 2024 |
Financial Forecast
Revenue This Year
11.88B
from 11.70B
Increased by 1.49%
Revenue Next Year
11.91B
from 11.88B
Increased by 0.29%
EPS This Year
5.79
from 4.37
Increased by 32.47%
EPS Next Year
5.94
from 5.79
Increased by 2.70%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.5B | 12.6B | 12.8B | ||
| Avg | 11.9B | 11.9B | 12.0B | ||
| Low | 11.4B | 11.2B | 11.2B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 7.0% | 6.4% | 7.7% | ||
| Avg | 1.5% | 0.3% | 0.8% | ||
| Low | -2.6% | -6.0% | -6.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.17 | 6.49 | 6.87 | ||
| Avg | 5.79 | 5.94 | 6.17 | ||
| Low | 5.49 | 5.29 | 5.50 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 41.1% | 12.1% | 15.5% | ||
| Avg | 32.5% | 2.7% | 3.8% | ||
| Low | 25.6% | -8.6% | -7.5% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.