Bernstein Analyst Reiterates Hold Rating on Molson Coors, TAP
Trevor Stirling analyst at Bernstein reiterates coverage on Molson Coors (TAP) in the Consumer Goods sector with a Hold rating. TipRanks.com has Stirling rated as a 3.9 star analyst with a 65% return on investment and a 8.2% success rate. Stirling has set a price target of $59.
TipRanks.com reports that Molson Coors currently has 12 analysts offering 12-month price targets and the consensus is a Hold rating with an average price target is $55.75. The target pricing ranges from a high forecast of $66.00 down to a low forecast of $45.00. Molson Coors (TAP)’s last closing price was $52.87 which would put the average price target at 3.52% upside.
In addition, TradingView issued a Sell rating for TAP over the next month, Barchart.com has a buy rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on TAP.
Other analysts covering TAP include:
- Vivien Azer of Cowen & Co. issued a Hold rating with the price target of $ 55 on 2 weeks ago
- Wendy Nicholson of Citigroup issued a Buy rating with the price target of $ 61 on 2 weeks ago
- Lauren Lieberman of Barclays issued a Hold rating with the price target of $ 52 on 2 weeks ago
- Javier Gonzalez Lastra of Berenberg Bank issued a Hold rating with the price target of $ 56 on 2 weeks ago
TipRanks.com tracks and measures the performance of over 50,000 financial experts. The TipRanks Star Ranking TM is calculated based on expert success rate, average return and statistical significance. Get more from TipRanks.com here >>
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