Cowen & Co. analyst Vivien Azer reiterated a Hold rating on Molson Coors (NYSE: TAP) today and set a price target of $73. The company’s shares opened today at $69.79.
According to TipRanks.com, Azer is a 5-star analyst with an average return of 25.7% and a 70.7% success rate. Azer covers the Consumer Goods sector, focusing on stocks such as Constellation Brands Inc, Monster Beverage Corp, and Keurig Dr Pepper Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Molson Coors with a $72.57 average price target.
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The company has a one-year high of $92.54 and a one-year low of $58.75. Currently, Molson Coors has an average volume of 2.68M.
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Molson Coors Brewing Co. is a holding company, which engages in the provision of beer. It operates through the following segments: United States, Canada, Europe, International, and Corporate. The United States segment consists of production, marketing and sales of its brands, and other owned and licensed brands in the United States.
