Molson Coors Brewing Company (TAP) has been under a strong bear grip, hence the stock is down -0.06% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 3.23% in the past 1 week. The stock has risen by 2.56% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.27% in the past 4 weeks.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 2.05% and the fifty day Moving Average is 2.06%. Molson Coors Brewing Company is up 2.09% in the last three month period. Year-to-Date the stock performance stands at 9.43%.
Molson Coors Brewing Company (TAP) : 3 investment research analysts covering Molson Coors Brewing Company (TAP) have an average price target of $118 for the near short term. The highest target price given by the Brokerage Firm to the stock is $139 and the lowest target is $100 for the short term. Analysts expect the variance to be within $19.67 of the average price.
Molson Coors Brewing Company (NYSE:TAP): stock turned positive on Friday. Though the stock opened at $101.46, the bulls momentum made the stock top out at $102.88 level for the day. The stock recorded a low of $101.325 and closed the trading day at $101.88, in the green by 0.86%. The total traded volume for the day was 1,426,948. The stock had closed at $101.01 in the previous days trading.
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.