Molson Coors Brewing Company (TAP) Shares are Down -3.02%

Molson Coors Brewing Company (TAP) : During the past 4 weeks, traders have been relatively bearish on Molson Coors Brewing Company (TAP), hence the stock is down -5.75% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -3.44% relative to the S&P 500. The 4-week change in the price of the stock is -3.4% and the stock has fallen -3.02% in the past 1 week.

Molson Coors Brewing Company (NYSE:TAP): The stock opened at $99.90 on Friday but the bulls could not build on the opening and the stock topped out at $100.64 for the day. The stock traded down to $98.80 during the day, due to lack of any buying support eventually closed down at $99.07 with a loss of -0.83% for the day. The stock had closed at $99.90 on the previous day. The total traded volume was 1,394,690 shares.

The stock has recorded a 20-day Moving Average of 0.8% and the 50-Day Moving Average is 1.29%. Molson Coors Brewing Company is up 1.19% in the last 3-month period. Year-to-Date the stock performance stands at 6.41%.

Molson Coors Brewing Company (TAP) stock is expected to deviate a maximum of $19.98 from the average target price of $117 for the short term period. 3 Street Experts have initiated coverage on the stock with the most promising target being $139 and the most muted being $100.


Molson Coors Brewing Company (MCBC) is a holding Company that operates as a brewer. The Company has a portfolio of owned and partner brands, including Carling, Coors Light, Molson Canadian and Staropramen brands, as well as craft and beers, such as Blue Moon, Creemore Springs, Cobra and Sharps Doom Bar. The Company operates in four segments: Molson Coors Canada (MCC or Canada segment), operating in Canada; MillerCoors LLC (MillerCoors or U.S. segment), operating in the United States (U.S.); Molson Coors Europe (Europe segment), operating in Bosnia-Herzegovina, Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, Republic of Ireland, Romania, Serbia, Slovakia and the United Kingdom (U.K.), and Molson Coors International (MCI), operating in various other countries.

Leave a Reply

Get Pre-Market Alerts!

Get Pre-Market Analysts' Upgrades, Downgrades, Earnings & Initiations with our FREE daily email newsletter.