Molson Coors Beverage Company (TAP.A)
NYSE: TAP.A · IEX Real-Time Price · USD
62.50
+2.50 (4.17%)
Jul 12, 2024, 4:00 PM EDT - Market closed
TAP.A Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for TAP.A stock have an average target of 62.71, with a low estimate of 47 and a high estimate of 77. The average target predicts an increase of 0.34% from the current stock price of 62.50.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for TAP.A 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 4 | 3 | 3 | 2 |
| Buy | 2 | 2 | 2 | 1 | 1 | 1 |
| Hold | 12 | 13 | 10 | 10 | 10 | 10 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Total | 18 | 19 | 18 | 16 | 16 | 15 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Sell Maintains $53 → $47 | Strong Sell | Maintains | $53 → $47 | -24.80% | Jul 10, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $62 → $54 | Hold | Maintains | $62 → $54 | -13.60% | Jul 10, 2024 |
| Wells Fargo | Wells Fargo | Sell Maintains $55 → $50 | Sell | Maintains | $55 → $50 | -20.00% | Jul 10, 2024 |
| Barclays | Barclays | Hold Maintains $62 → $55 | Hold | Maintains | $62 → $55 | -12.00% | May 29, 2024 |
| Barclays | Barclays | Hold Maintains $67 → $62 | Hold | Maintains | $67 → $62 | -0.80% | May 2, 2024 |
Financial Forecast
Revenue This Year
11.92B
from 11.70B
Increased by 1.90%
Revenue Next Year
12.01B
from 11.92B
Increased by 0.70%
EPS This Year
5.72
from 4.37
Increased by 30.97%
EPS Next Year
5.94
from 5.72
Increased by 3.78%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.7B | 12.7B | 12.8B | 12.8B | 12.9B |
| Avg | 11.9B | 12.0B | 12.1B | 12.1B | 12.2B |
| Low | 11.3B | 11.4B | 11.5B | 11.6B | 11.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.2% | 6.3% | 6.8% | 5.4% | 6.9% |
| Avg | 1.9% | 0.7% | 0.7% | -0.4% | 1.4% |
| Low | -3.4% | -4.2% | -4.2% | -4.3% | -3.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.08 | 6.45 | 6.88 | 7.05 | 7.73 |
| Avg | 5.72 | 5.94 | 6.18 | 6.41 | 6.97 |
| Low | 5.41 | 5.20 | 5.69 | 5.99 | 6.32 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 39.1% | 12.6% | 15.8% | 14.0% | 20.6% |
| Avg | 31.0% | 3.8% | 4.1% | 3.7% | 8.8% |
| Low | 23.9% | -9.1% | -4.1% | -3.0% | -1.4% |
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.