share_log

Barclays Maintains Molson Coors Beverage(TAP.US) With Sell Rating, Raises Target Price to $51

Futu News ·  Nov 11 16:32  · Ratings

Barclays analyst Lauren Lieberman maintains $Molson Coors Beverage (TAP.US)$ with a sell rating, and adjusts the target price from $49 to $51.

According to TipRanks data, the analyst has a success rate of 52.0% and a total average return of 1.9% over the past year.

AnalystRecentRatingAutoNews_203561_20241111_6a160ec418ee299ca1f84f5046d4d6a1bfaae0bd_1731411008140491_nn_en

Furthermore, according to the comprehensive report, the opinions of $Molson Coors Beverage (TAP.US)$'s main analysts recently are as follows:

  • The company has mitigated potential risks to this year's earnings estimates, yet there remains a cautious outlook for the year 2025 and beyond.

  • The previous cautious stance on Molson Coors has been revised, with a new focus on a model where unique cash returns can bolster EPS growth without the need for substantial EBIT growth. This comes in light of a historically low valuation combined with upcoming catalysts. While staples may face challenges such as normalizing growth and valuation pressure in 2025, Molson Coors' potential to provide cash returns at a low valuation appears to be distinctive.

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment