Monster Beverage Corporation (NASDAQ:MNST) : The consensus on Monster Beverage Corporation (NASDAQ:MNST) based on 12 analyst recommendation on the company stock is 1.54, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 8 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Monster Beverage Corporation (NASDAQ:MNST) : The consensus price target for Monster Beverage Corporation (NASDAQ:MNST) is $164.09 for the short term with a standard deviation of $11.6. The most optimist securities analyst among the 11 who monitor the stock believes that the stock can reach $185, however, the pessimist price target for the company is $145.
For the current week, the company shares have a recommendation consensus of Buy.
Monster Beverage Corporation (NASDAQ:MNST): On Tuesdays trading session , Opening price of the stock was $154.62 with an intraday high of $155.46. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $153.015. However, the stock managed to close at $154.46, a loss of 0.23% for the day. On the previous day, the stock had closed at $154.81. The total traded volume of the day was 1,004,314 shares.
In an insider trading activity, The Securities and Exchange Commission has divulged that Schlosberg Hilton H, director officer (Vice Chairman and President) of Monster Beverage Corp, had unloaded 2,001,350 shares at an average price of $156 in a transaction dated on June 15, 2016. The total value of the transaction was worth $312,210,600.