Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Molson Coors Beverage Company shares valued at $208,099 were sold by Whitehead Philip M on Mar 13 ’25. At $59.61 per share, Whitehead Philip M sold 3,491 shares. The insider’s holdings dropped to 9,653 shares worth approximately $0.56 million following the completion of this transaction.
As published in their initiating research note from Berenberg on April 02, 2025, Molson Coors Beverage Company [TAP] has been a Buy and the price target has been revised to $86.90. Analysts at Barclays upgraded the stock from ‘”an Underweight”‘ to ‘”an Equal weight”‘ outlook in a report released in mid March. As of February 05, 2025, Citigroup has increased its “Sell” rating to a “Neutral” for TAP. Earlier on December 06, 2024, BofA Securities upgraded its rating. Their new recommendation was “a Buy” for TAP stock which previously was a “a Neutral”.
Analyzing TAP Stock Performance
During the last five days, there has been a drop of approximately -1.99%. Over the course of the year, Molson Coors Beverage Company shares have jumped approximately 0.37%. Shares of the company reached a 52-week high of $64.66 on 03/10/25 and a 52-week low of $51.91 on 01/13/25. A 50-day SMA is recorded $59.85, while a 200-day SMA reached $57.02.
Support And Resistance Levels for Molson Coors Beverage Company (TAP)
According to the 24-hour chart, there is a support level at 56.75, which, if violated, would cause prices to drop to 55.97. In the upper region, resistance lies at 58.02. The next price resistance is at 58.51. RSI (Relative Strength Index) is 42.50 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.50, which suggests the price will decrease in the coming days. Percent R is at 72.66%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
