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Molson Coors Beverage Co
NYSE:TAP

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Molson Coors Beverage Co Logo
Molson Coors Beverage Co
NYSE:TAP
Watchlist
Price: 58.27 USD 1.75% Market Closed
Updated: May 8, 2024

Wall Street
Price Targets

TAP Price Targets Summary
Molson Coors Beverage Co

Wall Street analysts forecast TAP stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for TAP is 69.95 USD with a low forecast of 56.56 USD and a high forecast of 80.85 USD.

Lowest
Price Target
56.56 USD
3% Downside
Average
Price Target
69.95 USD
20% Upside
Highest
Price Target
80.85 USD
39% Upside

TAP Last Price Targets
Molson Coors Beverage Co

The latest public price target was made on Apr 30, 2024 by Robert Ottenstein from Evercore ISI , who expects TAP stock to rise by 17% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Robert Ottenstein
Evercore ISI
68 USD
Upside 17%
1 week ago
Apr 30, 2024
Molson Coors (TAP) PT Lowered to $68 at Evercore ISI
StreetInsider
Lauren Lieberman
Barclays
67 USD
Upside 15%
3 weeks ago
Apr 12, 2024
Molson Coors price target raised to $67 from $65 at Barclays
TheFly
Bonnie Herzog
Goldman Sachs
75 USD
Upside 29%
4 weeks ago
Apr 9, 2024
Goldman Sachs Upgrades Molson Coors (TAP) to Buy
StreetInsider
Michael Lavery
Piper Sandler
69 USD
Upside 18%
1 month ago
Mar 22, 2024
3 Beer Stocks: What This Analyst Thinks Is Brewing
Benzinga
Robert Ottenstein
Evercore ISI
Price Target 68 USD
Upside/Downside 17%
View Source
Lauren Lieberman
Barclays
Price Target 67 USD
Upside/Downside 15%
View Source
Bonnie Herzog
Goldman Sachs
Price Target 75 USD
Upside/Downside 29%
View Source
Michael Lavery
Piper Sandler
Price Target 69 USD
Upside/Downside 18%
View Source
Molson Coors Beverage Co Competitors:
Price Targets
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1% Downside
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23% Upside
ABEV3
Ambev SA
30% Upside
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Asahi Group Holdings Ltd
28% Upside
000729
Beijing Yanjing Brewery Co Ltd
4% Upside
UBL
United Breweries Ltd
9% Downside
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China Resources Beer Holdings Co Ltd
37% Upside
600132
Chongqing Brewery Co Ltd
8% Upside

Revenue
Forecast

Revenue Estimate
Molson Coors Beverage Co

For the last 8 years the compound annual growth rate for Molson Coors Beverage Co's revenue is 16%. The projected CAGR for the next 3 years is 1%.

16%
Past Growth
1%
Estimated Growth
Estimates Accuracy
-1%
Average Miss

Operating Income
Forecast

Operating Income Estimate
Molson Coors Beverage Co

For the last 8 years the compound annual growth rate for Molson Coors Beverage Co's operating income is 19%. The projected CAGR for the next 3 years is 5%.

19%
Past Growth
5%
Estimated Growth
Estimates Accuracy
-6%
Average Miss

Net Income
Forecast

Net Income Estimate
Molson Coors Beverage Co

For the last 8 years the compound annual growth rate for Molson Coors Beverage Co's net income is 12%. The projected CAGR for the next 3 years is 10%.

12%
Past Growth
10%
Estimated Growth
Estimates Accuracy
11%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is TAP's stock price target?
Price Target
69.95 USD

According to Wall Street analysts, the average 1-year price target for TAP is 69.95 USD with a low forecast of 56.56 USD and a high forecast of 80.85 USD.

What is Molson Coors Beverage Co's Revenue forecast?
Projected CAGR
1%

For the last 8 years the compound annual growth rate for Molson Coors Beverage Co's revenue is 16%. The projected CAGR for the next 3 years is 1%.

What is Molson Coors Beverage Co's Operating Income forecast?
Projected CAGR
5%

For the last 8 years the compound annual growth rate for Molson Coors Beverage Co's operating income is 19%. The projected CAGR for the next 3 years is 5%.

What is Molson Coors Beverage Co's Net Income forecast?
Projected CAGR
10%

For the last 8 years the compound annual growth rate for Molson Coors Beverage Co's net income is 12%. The projected CAGR for the next 3 years is 10%.