Molson Coors Beverage (NYSE:TAP) Price Target Lowered to $41.00 at Deutsche Bank Aktiengesellschaft

Molson Coors Beverage (NYSE:TAP) had its target price decreased by stock analysts at Deutsche Bank Aktiengesellschaft from $45.00 to $41.00 in a note issued to investors on Monday,Benzinga reports. The brokerage presently has a “hold” rating on the stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential downside of 4.21% from the stock’s previous close.

A number of other equities analysts also recently weighed in on TAP. Zacks Research downgraded shares of Molson Coors Beverage from a “hold” rating to a “strong sell” rating in a research note on Friday, February 20th. UBS Group set a $52.00 price objective on Molson Coors Beverage in a research report on Friday, February 20th. Piper Sandler lowered their target price on Molson Coors Beverage from $50.00 to $45.00 and set a “neutral” rating on the stock in a research note on Thursday, February 19th. Barclays dropped their target price on Molson Coors Beverage from $47.00 to $40.00 and set an “underweight” rating on the stock in a research report on Wednesday, March 25th. Finally, Jefferies Financial Group set a $45.00 price target on Molson Coors Beverage in a report on Thursday, February 19th. Five analysts have rated the stock with a Buy rating, ten have given a Hold rating and five have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Molson Coors Beverage currently has an average rating of “Hold” and an average price target of $50.27.

Molson Coors Beverage Stock Down 1.4%

TAP traded down $0.60 on Monday, reaching $42.80. 896,177 shares of the company traded hands, compared to its average volume of 3,084,093. The stock’s 50 day moving average price is $47.68 and its 200-day moving average price is $46.86. Molson Coors Beverage has a 52-week low of $41.04 and a 52-week high of $63.50. The company has a market cap of $8.04 billion, a price-to-earnings ratio of -3.95 and a beta of 0.49. The company has a debt-to-equity ratio of 0.37, a current ratio of 0.55 and a quick ratio of 0.42.

Molson Coors Beverage (NYSE:TAP) last released its earnings results on Wednesday, February 18th. The company reported $1.21 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.04. The company had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $2.71 billion. Molson Coors Beverage had a negative net margin of 16.41% and a positive return on equity of 9.04%. The company’s revenue was down 2.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.30 EPS. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. On average, sell-side analysts expect that Molson Coors Beverage will post 6.35 EPS for the current fiscal year.

Insider Buying and Selling

In related news, Director Andrew Thomas Molson bought 2,000 shares of the business’s stock in a transaction on Monday, March 9th. The shares were bought at an average cost of $46.67 per share, for a total transaction of $93,340.00. Following the completion of the acquisition, the director directly owned 24,654 shares in the company, valued at approximately $1,150,602.18. This represents a 8.83% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.71% of the stock is owned by insiders.

Institutional Trading of Molson Coors Beverage

Several large investors have recently made changes to their positions in the stock. Geneos Wealth Management Inc. increased its holdings in shares of Molson Coors Beverage by 32.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 800 shares of the company’s stock valued at $49,000 after acquiring an additional 198 shares during the last quarter. UMB Bank n.a. lifted its holdings in Molson Coors Beverage by 16.5% in the 4th quarter. UMB Bank n.a. now owns 1,467 shares of the company’s stock worth $68,000 after purchasing an additional 208 shares during the last quarter. New York Life Investment Management LLC lifted its holdings in Molson Coors Beverage by 0.9% in the 4th quarter. New York Life Investment Management LLC now owns 22,904 shares of the company’s stock worth $1,069,000 after purchasing an additional 210 shares during the last quarter. Smartleaf Asset Management LLC boosted its position in Molson Coors Beverage by 64.2% during the second quarter. Smartleaf Asset Management LLC now owns 565 shares of the company’s stock worth $27,000 after purchasing an additional 221 shares during the period. Finally, SBI Securities Co. Ltd. grew its holdings in Molson Coors Beverage by 84.1% during the fourth quarter. SBI Securities Co. Ltd. now owns 534 shares of the company’s stock valued at $25,000 after purchasing an additional 244 shares during the last quarter. Institutional investors own 78.46% of the company’s stock.

Molson Coors Beverage Company Profile

Molson Coors Beverage Company is a leading multinational brewing and beverage enterprise formed through the 2005 merger of Canada’s Molson and the United States’ Coors. The company develops, markets and distributes an array of alcoholic and non-alcoholic beverages, focusing primarily on beer and ready-to-drink products. Its portfolio spans flagship brands such as Coors Light, Molson Canadian and Miller Lite, alongside craft-style offerings like Blue Moon and global imports including Carling and Staropramen.

In addition to its core beer business, Molson Coors has expanded into adjacent categories to capture evolving consumer tastes.