Brokerage Firm Rating Update on Monster Beverage Corporation (MNST)

Monster Beverage Corporation (MNST) : The consensus on Monster Beverage Corporation (MNST) based on 10 analyst recommendation on the company stock is 1.85, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 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. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

Monster Beverage Corporation (MNST) : Average target price received by Monster Beverage Corporation (MNST) is $178.88 with an expected standard deviation of $10.41. The most aggressive target on the stock is $191, whereas the most downbeat target is $160. 8 financial analysts are currently covering the stock.


For the current week, the company shares have a recommendation consensus of Buy. Also, Jefferies maintains its view on Monster Beverage Corporation (NASDAQ:MNST) according to the research report released by the firm to its investors. The shares have now been rated Hold by the stock experts at the ratings house. Jefferies raises the price target from $162 per share to $175 per share on Monster Beverage Corporation. The rating by the firm was issued on August 18, 2016.

Monster Beverage Corporation (NASDAQ:MNST): stock was range-bound between the intraday low of $151.88 and the intraday high of $154.18 after having opened at $153.84 on Wednesdays session. The stock finally closed in the red at $153.84, a loss of -1.10%. The stock remained in the red for the whole trading day. The total traded volume was 636,838 shares. The stock failed to cross $154.18 in Wednesdays trading. The stocks closing price on Thursday was $153.87.

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