Molson Coors Beverage Company (TAP) has shown resilience in a challenging market environment, with recent positive developments that could make it an attractive investment.

Recent Upgrades and Earnings Momentum:

Barclays recently upgraded TAP from Underweight to Equal-Weight, raising the price target from $56 to $62. This upgrade reflects improving sentiment due to the company's stable earnings trajectory and attractive valuation.

Valuation Analysis:

TAP's valuation metrics are favorable compared to industry peers. The stock trades at a P/E ratio of 9.36, significantly below the industry average of 15.10. This suggests undervaluation relative to its peers.

Technical Analysis:

The stock is currently trading at $59.37, with a 52-week range of $52.44 to $64.66. The RSI of 50 indicates a neutral position, suggesting the stock is neither overbought nor oversold.

Market Sentiment:

The fear and greed index for TAP is at extreme fear (22.14), which often signals a buying opportunity as fear can create undervalued conditions.

Conclusion:

Given the positive earnings revisions, attractive valuation, and recent analyst upgrades, TAP appears to be a buy at current levels. The stock's stable earnings growth and improving sentiment make it a compelling choice in the current market environment.

What is price prediction 2025 for TAP Stock?

Molson Coors Beverage Company (TAP) is expected to reach a price target of $62 to $65 by the end of 2025. This prediction is supported by recent analyst upgrades, with Barclays raising its target to $62 and Morgan Stanley maintaining a $63 target. The company's improving earnings trajectory and cost efficiency measures are key drivers for this outlook.

What is surpport and resistant level for TAP Stock?

The S1 support level for TAP Stock is $58.75 ,The R1 resistant level for TAP Stock is $63.4.

What is the current price of TAP Stock?

As of the end of day on 2025-03-19, the price of TAP Stock was $58.67.

What is the target price of TAP Stock?

The target price for TAP Stock according to analyst rating is 65.07, with the highest price target at 79.00 and the lowest at 56.00. Analysts have a Moderate Buy rating on TAP Stock overall.

What is the market cap of Molson Coors Beverage Co?

The market cap of TAP is $12.5B.

Is Molson Coors Beverage Co (TAP) overvalued?

Analysis and Insights

Valuation Metrics:

Molson Coors Beverage Company (TAP) currently trades at $59.37 with a P/E ratio of 9.36, which is below the industry average of 15.10, indicating potential undervaluation. The EV/EBITDA ratio of 10.49 is also below the industry average of 15.80, further suggesting reasonable valuation. The price-to-sales ratio of 2.14 is lower than the industry average of 3.20, aligning with undervaluation.

Technical Analysis:

The stock shows a neutral RSI of 50.49, indicating neither overbought nor oversold conditions. The MACD is slightly positive, suggesting a bullish signal. TAP is trading above its 20-day SMA but below its 50-day SMA, signaling short-term weakness but overall stability.

Analyst Sentiment:

Barclays recently upgraded TAP from Underweight to Equal Weight, raising the price target from $56 to $62, reflecting improved sentiment. TAP was also highlighted as a top stock pick by Zacks Investment Research, with a 6.5% increase in earnings estimates over the past 60 days.

Conclusion:

Based on valuation metrics, technical indicators, and positive analyst sentiment, TAP does not appear overvalued. Its current price aligns with or below industry averages, supported by recent upgrades and earnings estimate increases.

What is Molson Coors Beverage Co (TAP)'s business?

Molson Coors Beverage Company is a holding company. The Company operates in two segments: Americas and EMEA&APAC. The Americas segment consists of the production, importing, marketing, distribution and sales of its brands and other owned and licensed brands in the United States, Canada and various countries in the Caribbean, Latin and South America. It operates approximately nine primary breweries, nine craft breweries and two container operations. It also includes a partnership arrangement for the distribution of beer in Ontario and western provinces of Canada. The EMEA&APAC segment consists of its production, marketing and sales of its primary brands as well as other owned and licensed brands in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, the Republic of Ireland, Romania, Serbia, the United Kingdom, various other European countries and certain countries within the Middle East, Africa and Asia Pacific. It operates 11 primary breweries, six craft breweries, and one cidery.

What is price prediction 2030 for TAP Stock?

Molson Coors Beverage Company (TAP) is expected to reach a price of $74 to $80 by 2030, driven by its strong fundamentals and analyst upgrades. The stock has shown resilience with a current price of $59.37 and a mean analyst target of $62.23, indicating a 16.4% upside. Recent earnings and cost improvements position TAP for steady growth in the beverage sector.