Molson Coors Brewing Company Stock News

Molson Coors is a company in turnaround mode, as it transforms itself from a global beer company into a beverage company. Management has made meaningful progress towards debt reduction in recent years

How does your brand sound? That''s a question that Adweek and panelists from Hinge, Molson Coors, Adswizz, Twitter, Samsung and more set out to answer at Adweek''s Spotlight: Audio event. For generations, audio has been used in advertising, from catchy jingles and catchphrases to emotion-invoking music. But Twitter''s Alex Josephson noted it''s also equipped for…

SG Americas Securities LLC lifted its position in shares of Molson Coors Beverage (NYSE:TAP) by 49.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 110,940 shares of the companys stock after purchasing an additional 36,843 shares during the period. SG []

Strs Ohio trimmed its holdings in shares of Molson Coors Beverage (NYSE:TAP) by 21.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,649 shares of the company’s stock after selling 3,104 shares during the period. Strs Ohio’s holdings in […] The post Strs Ohio Reduces Holdings in Molson Coors Beverage (NYSE:TAP) appeared first on ETF Daily News .

Equities research analysts forecast that Molson Coors Beverage (NYSE:TAP) will announce earnings per share of $0.91 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Molson Coors Beverages earnings. The highest EPS estimate is $0.99 and the lowest is $0.81. Molson Coors Beverage posted earnings of $0.40 per []

TCI Wealth Advisors Inc. raised its holdings in shares of Molson Coors Beverage (NYSE:TAP) by 69.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 651 shares of the companys stock after acquiring an additional 267 shares during the period. TCI Wealth Advisors Inc.s []

Asahi Life Asset Management CO. LTD. decreased its holdings in shares of Molson Coors Beverage (NYSE:TAP) by 48.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,900 shares of the companys stock after selling 3,610 shares during the period. Asahi Life Asset []

The hard seltzer slowdown has prompted a fear-rooted response rather than a calculated one.

The hard seltzer slowdown has prompted a fear-rooted response rather than a calculated one.

Analysts predict that Molson Coors Beverage (NYSE:TAP) will announce earnings per share (EPS) of $0.91 for the current quarter, according to Zacks. Two analysts have made estimates for Molson Coors Beverages earnings, with estimates ranging from $0.81 to $0.99. Molson Coors Beverage posted earnings per share of $0.40 in the same quarter last year, which []

Sumitomo Mitsui Trust Holdings Inc. boosted its holdings in Molson Coors Beverage (NYSE:TAP) by 10.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 582,166 shares of the companys stock after purchasing an additional 53,849 shares during the quarter. []

Crossmark Global Holdings Inc. trimmed its holdings in shares of Molson Coors Beverage (NYSE:TAP) by 3.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,993 shares of the companys stock after selling 295 shares during the period. Crossmark Global Holdings []

The Canadian cannabis company announced a new strategic plan on the heels of a $90 million quarterly loss.

Molson Coors Beverage Company with ticker code (TAP) now have 19 analysts in total covering the stock. The consensus rating is ''Hold''. The range between the high target price and low target price is between 75 and 40 with a mean TP of 56.79. Given that the stocks previous close was at 45.57 this would indicate that there is a potential upside of 24.6%. There is a 50 day moving average of 46.04 while the 200 day moving average is 50.44. The market cap for the company is $10,035m. Company Website: /> [stock_market_widget type="chart" symbol="TAP" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Molson Coors Beverage Company manufactures, markets, and sells beer and other malt beverage products in the United States, Canada, Europe, and internationally. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado. This article Molson Coors Beverage Company Consensus Indicates Potential 24.