Citigroup Lowers Molson Coors Beverage (NYSE:TAP) Price Target to $42.00

Posted by Brian Himes on Jul 14th, 2026

Molson Coors Beverage (NYSE:TAP – Get Free Report) had its price objective reduced by research analysts at Citigroup from $47.00 to $42.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Citigroup’s price target indicates a potential upside of 7.27% from the company’s current price.

TAP has been the topic of several other reports. Wells Fargo & Company cut their target price on Molson Coors Beverage from $43.00 to $41.00 and set an “equal weight” rating on the stock in a research note on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $42.00 price target on shares of Molson Coors Beverage in a research note on Friday, May 1st. Needham & Company LLC lowered their price target on Molson Coors Beverage from $52.00 to $50.00 and set a “buy” rating on the stock in a report on Friday, May 1st. Barclays dropped their price objective on Molson Coors Beverage from $43.00 to $41.00 and set an “underweight” rating on the stock in a research report on Friday, May 1st. Finally, Wall Street Zen lowered Molson Coors Beverage from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Four investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $44.35.

View Our Latest Stock Analysis on Molson Coors Beverage

Molson Coors Beverage Stock Down 1.8%

TAP traded down $0.72 during midday trading on Tuesday, reaching $39.16. The company’s stock had a trading volume of 437,037 shares, compared to its average volume of 3,176,179. Molson Coors Beverage has a 1 year low of $38.04 and a 1 year high of $54.82. The stock’s 50-day moving average is $40.48 and its 200-day moving average is $44.44. The firm has a market capitalization of $7.34 billion, a price-to-earnings ratio of -3.69 and a beta of 0.42. The company has a current ratio of 0.54, a quick ratio of 0.38 and a debt-to-equity ratio of 0.38.

Molson Coors Beverage (NYSE:TAP – Get Free Report) last released its earnings results on Friday, May 1st. The company reported $0.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.36 by $0.26. Molson Coors Beverage had a negative net margin of 16.14% and a positive return on equity of 9.79%. The firm had revenue of $2.35 billion during the quarter, compared to analyst estimates of $2.33 billion. During the same period last year, the business earned $0.50 earnings per share. The business’s revenue was up 2.0% on a year-over-year basis. As a group, research analysts expect that Molson Coors Beverage will post 4.8 EPS for the current year.

Insider Buying and Selling at Molson Coors Beverage

In related news, Director Geoffrey E. Molson sold 1,245 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $42.50, for a total value of $52,912.50. Following the transaction, the director owned 9,871 shares of the company’s stock, valued at approximately $419,517.50. This trade represents a 11.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 2.27% of the stock is owned by company insiders.

Hedge Funds Weigh In On Molson Coors Beverage

Institutional investors and hedge funds have recently bought and sold shares of the stock. Caxton Associates LLP purchased a new position in Molson Coors Beverage during the first quarter valued at approximately $202,000. United Services Automobile Association purchased a new position in Molson Coors Beverage during the 1st quarter valued at approximately $215,000. Woodline Partners LP raised its position in Molson Coors Beverage by 38.7% during the first quarter. Woodline Partners LP now owns 14,546 shares of the company’s stock valued at $885,000 after purchasing an additional 4,056 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of Molson Coors Beverage by 32.9% in the 1st quarter. Geneos Wealth Management Inc. now owns 800 shares of the company’s stock valued at $49,000 after purchasing an additional 198 shares during the last quarter. Finally, First Trust Advisors LP lifted its stake in shares of Molson Coors Beverage by 4.7% in the 2nd quarter. First Trust Advisors LP now owns 413,578 shares of the company’s stock valued at $19,889,000 after purchasing an additional 18,566 shares during the last quarter. 78.46% of the stock is currently owned by hedge funds and other institutional investors.

Molson Coors Beverage Company Profile

(Get Free Report)

Molson Coors Beverage Company is a leading multinational brewing and beverage enterprise formed through the 2005 merger of Canada’s Molson and the United States’ Coors. The company develops, markets and distributes an array of alcoholic and non-alcoholic beverages, focusing primarily on beer and ready-to-drink products. Its portfolio spans flagship brands such as Coors Light, Molson Canadian and Miller Lite, alongside craft-style offerings like Blue Moon and global imports including Carling and Staropramen.

In addition to its core beer business, Molson Coors has expanded into adjacent categories to capture evolving consumer tastes.