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.
Several price targets were given for TAP by the analysts covering the stock. The most optimistic analyst gave a price target of 117, which equates to a potential upside of 31.3 percent. The most pessimistic price target was 88, implying a possible loss of -1.25 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.
Analysts have revised their earnings estimates downwards for this quarter, by about -1.42 percent on average, compared to last month. The average change in earnings estimates over the last 90 days 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.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 2 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 2 analysts decreased their estimates.
The growth rate of TAP's earnings is estimated by analysts to be -31.17 percent. Another measure frequently examined by investors is the PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. TAP has a PEG ratio of -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 P/E 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 stock has a market capitalization of $19.29 billion. TAP's next earnings release will be on 0000-00-00, which is days away.