- Investing.com
Growth Prospects | Projected earnings per share growth from $5.35 to $5.55 suggests modest expansion, while established brand portfolio and global distribution network provide foundation for potential turnaround |
New CEO's Challenge | Rahul Goyal assumes leadership amid intensifying competition from larger rivals like Anheuser-Busch InBev and evolving consumer preferences toward craft and alternative beverages |
Price Targets | Analysts set conservative targets ranging from $45 to $50, with average price target around $47.50, reflecting limited near-term upside potential |
Analyst Downgrades | Multiple Wall Street firms downgraded Molson Coors, with Wells Fargo and Barclays expressing caution over competitive positioning and growth trajectory |

Metrics to compare | TAP | Sector Sector - Average of metrics from a broad group of related Consumer Non-Cyclicals sector companies | Relationship RelationshipTAPPeersSector | |
|---|---|---|---|---|
P/E Ratio | −3.5x | 21.2x | 11.6x | |
PEG Ratio | 0.01 | −0.29 | 0.03 | |
Price / Book | 0.8x | 3.1x | 1.5x | |
Price / LTM Sales | 0.7x | 1.6x | 0.9x | |
Upside (Analyst Target) | 5.5% | 10.1% | 23.0% | |
Fair Value Upside | Unlock | 20.1% | 13.5% | Unlock |
Molson Coors Beverage Company manufactures, markets, distributes, and sells beer and other malt beverage products in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. It offers flavored malt beverages including hard seltzers, craft, spirits, and ready to drink beverages. The company also provides non-alcoholic beverages including premium mixers and energy drinks. It offers its products under Arnold Palmer Spiked, Aspall Cider, Blue Moon, Beck's, Blue Run Spirits, Cobra, Corona Extra, Coors Original, Fever-Tree, Heineken, Hidra, Leinenkugel's, Madri, Miller Genuine Draft, Molson Ultra, Peroni Nastro Azurro, Pilsner Urquell, Redd's, Rekorderlig, Sharp's, Simply Spiked, Staropramen, Stella Artois, Topo Chico Hard Seltzer, ZOA Energy, and Vizzy Hard Seltzer above premium brands; Bergenbier, Borsodi, Burgasko, Carling, Coors Banquet, Coors Light, Jelen, Miller Lite, Molson Canadian brands, Niksicko, and Ožujsko under the premium brands; and Branik, Icehouse, Keystone, Lowenbrau, Miller High Life, Milwaukee's Best, and Steel Reserve under the economy brands. The company was formerly known as Molson Coors Brewing Company and changed its name to Molson Coors Beverage Company in January 2020. Molson Coors Beverage Company was founded in 1774 and is based in Golden, Colorado.