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Throughout the last three months, 12 analysts have evaluated Molson Coors Beverage (NYSE:TAP), offering a diverse set of opinions from bullish to bearish.
The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 1 | 2 | 9 | 0 | 0 |
| Last 30D | 0 | 1 | 0 | 0 | 0 |
| 1M Ago | 0 | 0 | 4 | 0 | 0 |
| 2M Ago | 0 | 1 | 2 | 0 | 0 |
| 3M Ago | 1 | 0 | 3 | 0 | 0 |
Analysts have recently evaluated Molson Coors Beverage and provided 12-month price targets. The average target is $55.83, accompanied by a high estimate of $65.00 and a low estimate of $50.00. Observing a downward trend, the current average is 9.84% lower than the prior average price target of $61.92.
Understanding Analyst Ratings: A Comprehensive Breakdown
The standing of Molson Coors Beverage among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Robert Ottenstein | Evercore ISI Group | Lowers | Outperform | $58.00 | $60.00 |
| Peter Grom |