Short Term Rating on Molson Coors Brewing Company (TAP)

Molson Coors Brewing Company (TAP) : Zacks Investment Research ranks Molson Coors Brewing Company (TAP) as 2, which is a Buy recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 4 research analysts is 1.5, which indicates as a Strong Buy.

Molson Coors Brewing Company (TAP) : The highest level Molson Coors Brewing Company (TAP) is projected to reach is $136 for the short term and the lowest estimate is at $100. The consolidated price target from 3 rating analysts who initiate coverage on the stock is $116 and the possibility the share price can swing is $18.33.

For the current week, the company shares have a recommendation consensus of Buy.


Molson Coors Brewing Company (NYSE:TAP): The stock opened at $101.62 on Tuesday but the bulls could not build on the opening and the stock topped out at $102.07 for the day. The stock traded down to $100.94 during the day, due to lack of any buying support eventually closed down at $101.40 with a loss of -0.22% for the day. The stock had closed at $101.62 on the previous day. The total traded volume was 1,417,182 shares.

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.

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