Molson Coors Beverage Company (TAP.A)
NYSE: TAP.A · Real-Time Price · USD
60.00
0.00 (0.00%)
Nov 8, 2024, 9:46 AM EST - Market closed
TAP.A Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for TAP.A stock have an average target of 60.31, with a low estimate of 47 and a high estimate of 75. The average target predicts an increase of 0.52% from the current stock price of 60.00.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for TAP.A stock from 13 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 2 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Hold | 10 | 9 | 9 | 9 | 9 | 8 |
| Sell | 1 | 2 | 2 | 2 | 2 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 16 | 15 | 15 | 15 | 14 | 13 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Sell Maintains $49 → $51 | Sell | Maintains | $49 → $51 | -15.00% | Nov 11, 2024 |
| Wells Fargo | Wells Fargo | Sell → Buy Upgrades $52 → $74 | Sell → Buy | Upgrades | $52 → $74 | +23.33% | Nov 8, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $57 → $60 | Hold | Maintains | $57 → $60 | n/a | Oct 18, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $58 → $56 | Hold | Maintains | $58 → $56 | -6.67% | Oct 8, 2024 |
| Barclays | Barclays | Sell Maintains $47 → $49 | Sell | Maintains | $47 → $49 | -18.33% | Aug 8, 2024 |
Financial Forecast
Revenue This Year
11.80B
from 11.70B
Increased by 0.83%
Revenue Next Year
11.83B
from 11.80B
Increased by 0.22%
EPS This Year
5.77
from 4.37
Increased by 31.94%
EPS Next Year
5.89
from 5.77
Increased by 2.11%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.4B | 12.5B | 12.7B | ||
| Avg | 11.8B | 11.8B | 11.9B | ||
| Low | 11.3B | 11.1B | 11.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.0% | 5.8% | 7.0% | ||
| Avg | 0.8% | 0.2% | 0.8% | ||
| Low | -3.2% | -5.8% | -5.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.35 | 6.47 | 6.85 | ||
| Avg | 5.77 | 5.89 | 6.16 | ||
| Low | 5.41 | 5.29 | 5.50 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 45.3% | 12.2% | 16.3% | ||
| Avg | 31.9% | 2.1% | 4.7% | ||
| Low | 23.8% | -8.2% | -6.6% |
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.