Molson Coors Brewing (NYSE:TAP) will post its quarterly earnings results before the market opens on Wednesday, February 14th. Analysts expect Molson Coors Brewing to post earnings of $0.56 per share for the quarter.

Shares of Molson Coors Brewing (NYSE:TAP) opened at $74.21 on Monday. The company has a market capitalization of $15,984.83, a PE ratio of 7.16, a P/E/G ratio of 1.99 and a beta of 0.79. The company has a quick ratio of 0.54, a current ratio of 0.69 and a debt-to-equity ratio of 0.83. Molson Coors Brewing has a fifty-two week low of $72.71 and a fifty-two week high of $102.14.

A number of equities research analysts recently commented on the company. Berenberg Bank upgraded Molson Coors Brewing from a “sell” rating to a “hold” rating and set a $78.00 price objective for the company in a report on Thursday. BMO Capital Markets started coverage on Molson Coors Brewing in a report on Monday, February 5th. They issued an “outperform” rating and a $95.00 price objective for the company. Stifel Nicolaus reissued a “buy” rating and issued a $112.00 target price on shares of Molson Coors Brewing in a research note on Friday, February 2nd. Zacks Investment Research cut Molson Coors Brewing from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 10th. Finally, Barclays started coverage on Molson Coors Brewing in a research note on Wednesday, January 10th. They issued an “overweight” rating and a $94.00 target price for the company. Nine equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $96.68.

In other Molson Coors Brewing news, Chairman Peter H. Coors sold 55,603 shares of the business’s stock in a transaction dated Wednesday, January 17th. The stock was sold at an average price of $85.01, for a total value of $4,726,811.03. Following the completion of the transaction, the chairman now directly owns 319,222 shares of the company’s stock, valued at $27,137,062.22. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Tracey Joubert sold 1,000 shares of the business’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $79.15, for a total value of $79,150.00. Following the completion of the transaction, the chief financial officer now directly owns 22,839 shares of the company’s stock, valued at $1,807,706.85. The disclosure for this sale can be found here. 2.76% of the stock is currently owned by insiders.

WARNING: This report was originally posted by TheOlympiaReport and is the sole property of of TheOlympiaReport. If you are accessing this report on another site, it was illegally copied and reposted in violation of US and international trademark and copyright law. The correct version of this report can be viewed at https://theolympiareport.com/2018/02/12/molson-coors-brewing-tap-to-release-earnings-on-wednesday.html.

About Molson Coors Brewing

Molson Coors Brewing Company (MCBC) is a holding company. The Company operates as a brewer. The Company’s segments include MillerCoors LLC (United States segment), operating in the United States; Molson Coors Canada (Canada segment), operating in Canada; Molson Coors Europe (Europe segment), operating in Bulgaria, Croatia, Czech Republic, Hungary, Montenegro, Republic of Ireland, Romania, Serbia, the United Kingdom and various other European countries; Molson Coors International (Molson Coors International segment), operating in various other countries, and Corporate.

Earnings History for Molson Coors Brewing (NYSE:TAP)

Receive News & Ratings for Molson Coors Brewing Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Molson Coors Brewing and related companies with MarketBeat.com's FREE daily email newsletter.