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 maximum price target given was 117, implying potential capital gains of 31.3 percent. The minimum price target given was 88, implying a possible loss of -1.25 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.42 percent. The average change in earnings estimates over the last 90 days is -0.23 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.08 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 2.46 percent.

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. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 2 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of TAP to grow at a rate of -31.17 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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. 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 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.