Molson Coors Beverage Co

NYSE:TAPUnited States

Nov 8, 2024

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• DJ Molson Coors' Underperformance Partly Due to Volume Share Decline -- Market Talk, from 2:43PM ET on Friday Nov 08, 2024 by Dow Jones

  2:43PM ET on Friday Nov 08, 2024 by Dow Jones
  Companies Mentioned: TAP, BUD, TAP.A
  
  1443 ET - Molson Coors' volume declines in 3Q can be partially chalked up to a pullback in beer demand, but the maker of Coors and Miller beers has also been underperforming its peers, Bernstein analysts say in a research note. Its overall market growth has lagged that of Bud Light maker Anheuser-Busch InBev, which is now growing in-line with expectations, and its current volume share is well off the peak hit after beer drinkers temporarily boycotted Bud Light last year, the analysts say. Weakness in the overall beer sector played a hand as well, prompting a debate about whether the softness is structural to the category or cyclical on a weak U.S. consumer, they say. (dean.seal@wsj.com)
  

• Piper Sandler Raises Molson Coors Beverage's Price Target to $63 From $59, from 2:23PM ET on Friday Nov 08, 2024 by MT Newswires

  2:23PM ET on Friday Nov 08, 2024 by MT Newswires
  Companies Mentioned: TAP
  02:23 PM EST, 11/08/2024 (MT Newswires) -- Molson Coors Beverage (TAP) has an average rating of hold and price targets ranging from $47 to $75, according to analysts polled by Capital IQ. (MT Newswires covers equity, commodity and economic research ...

• Jefferies Adjusts Molson Coors Beverage's Price Target to $62 From $59, from 11:34AM ET on Friday Nov 08, 2024 by MT Newswires

  11:34AM ET on Friday Nov 08, 2024 by MT Newswires
  Companies Mentioned: TAP
  11:34 AM EST, 11/08/2024 (MT Newswires) -- Molson Coors Beverage (TAP) has an average rating of hold and price targets ranging from $47 to $75, according to analysts polled by Capital IQ. (MT Newswires covers equity, commodity and economic research ...

• HSBC Adjusts Molson Coors Beverage's Price Target to $50 From $60, from 11:33AM ET on Friday Nov 08, 2024 by MT Newswires

  11:33AM ET on Friday Nov 08, 2024 by MT Newswires
  Companies Mentioned: TAP
  11:33 AM EST, 11/08/2024 (MT Newswires) -- Molson Coors Beverage (TAP) has an average rating of hold and price targets ranging from $47 to $75, according to analysts polled by Capital IQ. (MT Newswires covers equity, commodity and economic research ...

• DJ Molson Coors on Pace for Largest Percent Increase Since May 2023 -- Data Talk, from 10:31AM ET on Friday Nov 08, 2024 by Dow Jones

  10:31AM ET on Friday Nov 08, 2024 by Dow Jones
  Companies Mentioned: TAP, TAP.A
  
  Molson Coors Beverage Company Class B (TAP) is currently at $59.84, up $3.11 or 5.47%
  
  --Would be highest close since April 29, 2024, when it closed at $63.56