Molson Coors Brewing Company (NYSE:TAP) has received a short term rating of strong buy from experts at Zacks with a rank of 1. The stock has been rated an average of 1.5 by 4 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 1 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Citigroup initiates coverage on Molson Coors Brewing Company (NYSE:TAP) In a research note issued to the investors, the brokerage major announces price-target of $97 per share.The shares have been rated Neutral. The rating by the firm was issued on April 8, 2016.
Molson Coors Brewing Company (NYSE:TAP): According to 3 Analysts, The short term target price has been estimated at $ 116.The target price could deviate by a maximum of $18.33 from the forecast price. In the near term, the target price could hit a high of $136 and a low of $ 100.
Molson Coors Brewing Company (NYSE:TAP) rose 1.01% or 1.02 points on Tuesday and made its way into the gainers of the day. After trading began at $101.15 the stock was seen hitting $102.24 as a peak level and $101.1 as the lowest level. The stock ended up at $102.07. The daily volume was measured at 926,896 shares. The 52-week high of the share price is $104.15 and the 52-week low is $63.91. The company has a market cap of $21,913 million.
Shares of Molson Coors Brewing Company rose by 1.51% in the last five trading days and 5.96% for the last 4 weeks. Molson Coors Brewing Company is up 8.07% in the last 3-month period. Year-to-Date the stock performance stands at 9.63%.
Molson Coors Brewing Company (MCBC) is a holding Company that operates as a brewer. The Company has a portfolio of owned and partner brands, including Carling, Coors Light, Molson Canadian and Staropramen brands, as well as craft and beers, such as Blue Moon, Creemore Springs, Cobra and Sharps Doom Bar. The Company operates in four segments: Molson Coors Canada (MCC or Canada segment), operating in Canada; MillerCoors LLC (MillerCoors or U.S. segment), operating in the United States (U.S.); Molson Coors Europe (Europe segment), operating in Bosnia-Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, Republic of Ireland, Romania, Serbia, Slovakia and the United Kingdom (U.K.), and Molson Coors International (MCI), operating in various other countries.