Analyst Ratings for Molson Coors Brewing Co. Cl B (TAP)

Updated: 2017-07-29

An average rating of Overweight has been given to Molson Coors Brewing Co. Cl B (NYSE:TAP) by analysts covering the stock. A consensus rating of Overweight was previously issued for TAP last month.

7 analysts declared TAP a buy, 1 issued an overweight rating, 6 gave a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Over the same time period, there has been an increase of 1 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for TAP. The highest price target was 117, implying potential capital gains of 31.3 percent. The lowest price target was 88, which equates to a potential downside of -1.25 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -1.42 percent on average, compared to last month. This can be compared with the average change in earnings estimates over the past 3 months, which is -0.23 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.08 percent. If we look at the last 90 days instead, we find a net average change of 2.46 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 2 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts decreased their estimates.

Analysts estimate earnings of TAP to grow at a rate of -31.17 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of TAP is -0.31.

TAP has a 52-week high of 112.19 and a 52-week low of 85.34. Currently the stock is 4.42 percent higher than its low, and 20.57 percent lower than its 52-week high. TAP has a price/earnings ratio of 9.56. Investors typically compare the P/E ratio to a company's peers in the industry. The TAP value stock report compares TAP to some of its peers using value stock charts. The market cap of TAP is $19.29 billion. TAP's next earnings release will be on 0000-00-00, which is days away.