Molson Coors Beverage Company (TAP.A)
NYSE: TAP.A · IEX Real-Time Price · USD
57.29
0.00 (0.00%)
May 6, 2024, 12:00 AM EDT - Market closed
TAP.A Stock Forecast
Stock Price Forecast
The 15 analysts with 12-month price forecasts for TAP.A stock have an average target of 65.93, with a low estimate of 53 and a high estimate of 77. The average target predicts an increase of 15.08% from the current stock price of 57.29.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for TAP.A stock from 16 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 4 | 3 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 12 | 12 | 12 | 13 | 10 | 10 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Total | 18 | 18 | 18 | 19 | 18 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Barclays | Barclays | Hold Maintains $67 → $62 | Hold | Maintains | $67 → $62 | +8.22% | May 2, 2024 |
| Citigroup | Citigroup | Strong Sell Maintains $56 → $53 | Strong Sell | Maintains | $56 → $53 | -7.49% | May 1, 2024 |
| UBS | UBS | Hold Maintains $70 → $64 | Hold | Maintains | $70 → $64 | +11.71% | May 1, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $72 → $62 | Hold | Maintains | $72 → $62 | +8.22% | May 1, 2024 |
| JP Morgan | JP Morgan | Hold Maintains $66 → $60 | Hold | Maintains | $66 → $60 | +4.73% | May 1, 2024 |
Financial Forecast
Revenue This Year
11.98B
from 11.70B
Increased by 2.37%
Revenue Next Year
12.11B
from 11.98B
Increased by 1.11%
EPS This Year
5.72
from 4.37
Increased by 30.85%
EPS Next Year
6.01
from 5.72
Increased by 5.05%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 12.7B | 13.0B | 13.0B | 12.9B | 13.1B |
| Avg | 12.0B | 12.1B | 12.2B | 12.1B | 12.3B |
| Low | 11.5B | 11.5B | 11.6B | 11.6B | 11.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 8.9% | 8.2% | 7.0% | 5.9% | 7.8% |
| Avg | 2.4% | 1.1% | 0.7% | -0.5% | 1.7% |
| Low | -2.0% | -4.0% | -4.5% | -5.1% | -3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 6.02 | 6.42 | 6.84 | 7.05 | 7.73 |
| Avg | 5.72 | 6.01 | 6.28 | 6.33 | 6.73 |
| Low | 5.39 | 5.57 | 5.83 | 5.93 | 6.05 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 37.7% | 12.2% | 13.8% | 12.3% | 22.0% |
| Avg | 30.9% | 5.1% | 4.5% | 0.9% | 6.2% |
| Low | 23.3% | -2.6% | -2.9% | -5.5% | -4.5% |
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.