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.

TAP was given price targets by several analysts. The highest price target was 117, which equates to a potential upside of 31.3 percent. The most pessimistic analyst gave a price target of 88, which equates to a potential downside of -1.25 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.42 percent. 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.

Another thing investors often look at is the level of agreement among analysts' revisions. Over the past month, 0 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 2 analysts that revised their FY estimates downwards.

TAP has an estimated earnings growth rate of -31.17 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, 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 traded between a high of 112.19 and a low of 85.34 over the past year. Today's price is 4.42 percent above the 52-week 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 stock has a market capitalization of $19.29 billion. TAP is estimated to release their earnings results for the quarter on 0000-00-00, days from today.