Monster Beverage Corporation (NASDAQ:MNST) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 1.54 by 12 Brokerage Firm. 8 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 3 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Bank of America initiates coverage on Monster Beverage Corporation (NASDAQ:MNST). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm announces the price target at $144 per share. The rating by the firm was issued on March 22, 2016.
Monster Beverage Corporation (NASDAQ:MNST): According to 11 Analysts, The short term target price has been estimated at $ 163.46.The target price could deviate by a maximum of $11.06 from the forecast price. In the near term, the target price could hit a high of $185 and a low of $ 145.
Monster Beverage Corporation (NASDAQ:MNST) rose 1.06% or 1.66 points on Tuesday and made its way into the gainers of the day. After trading began at $156.52 the stock was seen hitting $158.34 as a peak level and $155.9601 as the lowest level. The stock ended up at $157.83. The daily volume was measured at 1,231,276 shares. The 52-week high of the share price is $160.5 and the 52-week low is $113.08. The company has a market cap of $32,046 million.
Shares of Monster Beverage Corporation rose by 3.17% in the last five trading days and 6.71% for the last 4 weeks. Monster Beverage Corporation is up 17.26% in the last 3-month period. Year-to-Date the stock performance stands at 5.95%.