Stock To Watch: Molson Coors Brewing Company (NYSE:TAP)


The leading market experts have placed a mean price target of $116.13 on Molson Coors Brewing Company (NYSE:TAP) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.49 a share for the upcoming quarter and $3.23 for the current fiscal.

Technical View

The technical analysis of Molson Coors Brewing Company Cl plainly substantiates that the 50-day moving average of Molson Coors Brewing Company Cl is $99.85, and stock is trading $2.15 points away or +2.15% from its 50-day moving average of $99.85. Further it is trading $5.01 or +5.17% away its 200-day moving average of $96.99. Molson Coors Brewing Company (NYSE:TAP) 52-week high is $104.15 and the 52-week low is $65.77.

This explains if the stock moves $-2.15, it will post a 52-week high. In event of +55.09% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Molson Coors Brewing Company Cl, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Molson Coors Brewing Company (NYSE:TAP) ratio came in at 52.88.

The stock last ended the trading session at $102.00 and registered a market cap of $21.91B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Molson Coors Brewing Company (NYSE:TAP) PEG ratio is at 9.98.

1 Chart Pattern Every Investor Should Know

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