The Analyst Verdict: Molson Coors Beverage In The Eyes Of 13 Experts
Portfolio Pulse from Benzinga Insights
Over the past three months, 13 analysts have shared their insights on Molson Coors Beverage (NYSE:TAP), with most ratings being indifferent. The average 12-month price target has decreased by 4.39% to $55.31. Analysts have adjusted their ratings and price targets, reflecting changing market conditions and company performance. Molson Coors faces challenges in revenue growth but shows strong profitability and effective cost management.
October 08, 2024 | 5:00 pm
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NEUTRAL IMPACT
Molson Coors Beverage (NYSE:TAP) has received mixed analyst ratings, with most being indifferent. The average 12-month price target has decreased by 4.39% to $55.31. Despite revenue challenges, the company shows strong profitability and effective cost management.
The mixed analyst ratings and decreased price target suggest a neutral short-term impact on TAP's stock price. While the company faces revenue challenges, its strong profitability and effective cost management provide a counterbalance, leading to a neutral outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100