.jpg "Monster Beverage Corp (NASDAQ: MNST)")
Evercore ISI analyst Robert Ottenstein downgraded Monster Beverage Corp (NASDAQ: MNST) to Hold today. The company’s shares closed on Friday at $53.29.
According to TipRanks.com, Ottenstein is ranked #3458 out of 4887 analysts.
Monster Beverage Corp has an analyst consensus of Moderate Buy, with a price target consensus of $67.88.
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Monster Beverage Corp’s market cap is currently $29.44B and has a P/E ratio of 33.52. The company has a Price to Book ratio of 8.17.
Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is negative on the stock.
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Monster Beverage Corp. is a holding company which engages in the development, marketing, sale, and distribution of energy drink beverages and concentrates. It operates through the following segments: Finished Products, Concentrate, and Other. The Finished Products segment consists of the Monster Energy drink products.
