Today, the Pres&CEO, Molson Coors Europe of Molson Coors (TAP), Simon Cox, bought shares of TAP for $399.1K.
This recent transaction increases Simon Cox’s holding in the company by 34.86% to a total of $1.67 million. This is Cox’s first Buy trade following 3 Sell transactions.
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TAP’s market cap is $13.27B and the company has a P/E ratio of 11.92. Currently, Molson Coors has an average volume of 1.15M.
Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $67.50, reflecting a 9.6% upside. Four different firms, including UBS and BMO Capital, currently also have a Buy rating on the stock.
In the last 30 days, insiders have sold $576.3K worth of TAP shares and purchased $399.1K worth of TAP shares.
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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.
