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 lowest price target was 88, implying potential capital losses of -1.25 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

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. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.46 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, which can be compared to the 2 analysts that decreased their estimates. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

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. 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, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of TAP is -0.31.

In the trailing 52-weeks, TAP hit 112.19 at the highest peak, while it's lowest trading point was 85.34. The current market price is above the trailing year's low by 4.42 percent, 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 market cap of TAP is $19.29 billion. TAP is estimated to release their earnings results for the quarter on 0000-00-00, days from today.