Molson Coors Beverage (NYSE:TAP) Stock Gets Price Target Trim from Morgan Stanley

Posted by George Bondi on Nov 9th, 2026

Molson Coors Beverage (NYSE:TAP – Get Free Report) had its price objective dropped by investment analysts at Morgan Stanley from $46.00 to $42.00 in a note issued to investors on Monday, Benzinga reports. The firm presently has an “equal weight” rating on the stock. Morgan Stanley‘s target price indicates a potential upside of 5.76% from the company’s current price.

Other analysts have also recently issued reports about the company. Piper Sandler reduced their price objective on Molson Coors Beverage from $44.00 to $43.00 and set a “neutral” rating on the stock in a research note on Friday. Deutsche Bank Aktiengesellschaft set a $41.00 target price on Molson Coors Beverage in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. downgraded Molson Coors Beverage from a “neutral” rating to an “underweight” rating and cut their price target for the stock from $41.00 to $37.00 in a report on Monday. Zacks Research lowered Molson Coors Beverage from a “hold” rating to a “strong sell” rating in a research report on Monday, October 19th. Finally, Needham & Company LLC reduced their price target on Molson Coors Beverage from $50.00 to $46.00 and set a “buy” rating on the stock in a research report on Friday. Three equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and seven have assigned a Sell rating to the company. According to data from MarketBeat.com, Molson Coors Beverage currently has a consensus rating of “Reduce” and a consensus target price of $42.41.

Get Our Latest Report on Molson Coors Beverage

Molson Coors Beverage Stock Down 1.5%

Shares of TAP stock traded down $0.62 during trading on Monday, reaching $39.71. The company’s stock had a trading volume of 1,619,696 shares, compared to its average volume of 3,367,825. Molson Coors Beverage has a 1-year low of $35.52 and a 1-year high of $54.82. The stock’s 50-day moving average price is $38.95 and its 200 day moving average price is $42.31. The company has a market capitalization of $8.32 billion, a price-to-earnings ratio of 8.45 and a beta of 0.45. The company has a debt-to-equity ratio of 0.54, a current ratio of 0.86 and a quick ratio of 0.60.

Molson Coors Beverage (NYSE:TAP – Get Free Report) last released its earnings results on Thursday, November 5th. The company reported $1.46 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.02. Molson Coors Beverage had a net margin of 6.95% and a return on equity of 8.92%. The company had revenue of $2.93 billion for the quarter, compared to analyst estimates of $2.94 billion. During the same period in the prior year, the business earned $1.67 EPS. The firm’s quarterly revenue was down 1.6% on a year-over-year basis. On average, research analysts anticipate that Molson Coors Beverage will post 4.48 EPS for the current year.

Institutional Investors Weigh In On Molson Coors Beverage

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Nykredit A S acquired a new position in shares of Molson Coors Beverage during the second quarter worth $43,375,000. Squarepoint Ops LLC increased its holdings in Molson Coors Beverage by 8.1% in the second quarter. Squarepoint Ops LLC now owns 1,190,275 shares of the company’s stock valued at $46,373,000 after buying an additional 89,398 shares during the last quarter. Core Capital Management & Research inc. acquired a new stake in Molson Coors Beverage in the second quarter valued at $7,905,000. Foster & Motley Inc. acquired a new stake in Molson Coors Beverage in the second quarter valued at $3,080,000. Finally, Hsbc Holdings PLC lifted its holdings in Molson Coors Beverage by 15.2% during the 1st quarter. Hsbc Holdings PLC now owns 255,293 shares of the company’s stock worth $10,990,000 after buying an additional 33,683 shares during the last quarter. 78.46% of the stock is currently owned by institutional investors and hedge funds.