Molson Coors Class B (TAP)

• Market cap: $11.4B
• 1 day: 0.45%
• 5 days: 5.36%
• 1 month: -6.78%
• 3 months: -1.46%
• 6 months: 2.32%
• Year to date: -3.44%
• 1 year: -12.69%
• 5 years: -2.37%
• 10 years: -26.59%
• Sector: Consumer Staples
• Industry: Malt Beverages

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

102% more call options, than puts

Call options by funds: $190M | Put options by funds: $94.3M

40% more funds holding in top 10

Funds holding in top 10: 5 [Q2] → 7 (+2) [Q3]

37% more first-time investments, than exits

New positions opened: 89 | Existing positions closed: 65

8% more capital invested

Capital invested by funds: $8.64B [Q2] → $9.36B (+$722M) [Q3]

2% more funds holding

Funds holding: 635 [Q2] → 650 (+15) [Q3]

1% more repeat investments, than reductions

Existing positions increased: 237 | Existing positions reduced: 234

3.56% less ownership

Funds ownership: 86.19% [Q2] → 82.63% (-3.56%) [Q3]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $48 13% downside
• Avg. target: $64 16% upside
• High target: $74 34% upside

6 analyst ratings

• positive: 3 50%
• neutral: 2 33%
• negative: 1 17%

Barclays Lauren Lieberman 36% 1-year accuracy 32 / 88 met price target	13% downside $48	Underweight Maintained	17 Jan 2025
UBS Peter Grom 41% 1-year accuracy 9 / 22 met price target	5% upside $58	Neutral Maintained	16 Jan 2025
B of A Securities Bryan Spillane 29% 1-year accuracy 6 / 21 met price target	27% upside $70	Buy Upgraded	6 Dec 2024
Needham Gerald Pascarelli 8% 1-year accuracy 2 / 24 met price target	30% upside $72	Buy Initiated	6 Dec 2024
Exane BNP Paribas Kevin Grundy 0% 1-year accuracy 0 / 7 met price target	16% upside $64	Neutral Initiated	25 Nov 2024