Molson Coors Beverage Company’s filing revealed that its Director Winnefeld James A Jr acquired Company’s shares for reported $10800.0 on May 09 ’25. In the deal valued at $54.00 per share,200 shares were bought. As a result of this transaction, Winnefeld James A Jr now holds 19,166 shares worth roughly $1.05 million.
Then, Whitehead Philip M sold 3,491 shares, generating $208,099 in total proceeds. Upon selling the shares at $59.61, the Pres&CEO, MCBC EMEA&APAC now owns 9,653 shares.
Berenberg initiated its Molson Coors Beverage Company [TAP] rating to a Buy in a research note published on April 02, 2025; the price target was $86.90. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in mid March from “an Underweight” to “an Equal weight”. Citigroup also remained covering TAP and has increased its forecast on February 05, 2025 with a “Neutral” recommendation from previously “Sell” rating. BofA Securities revised its rating on December 06, 2024. It rated TAP as “a Buy” which previously was an “a Neutral”.
Price Performance Review of TAP
On Friday, Molson Coors Beverage Company [NYSE:TAP] saw its stock jump 0.68% to $54.63. Over the last five days, the stock has lost -5.09%. Molson Coors Beverage Company shares have fallen nearly -4.69% since the year began. Nevertheless, the stocks have fallen -6.25% over the past one year. While a 52-week high of $64.66 was reached on 03/10/25, a 52-week low of $49.19 was recorded on 05/08/25. SMA at 50 days reached $59.21, while 200 days put it at $57.15.
Levels Of Support And Resistance For TAP Stock
The 24-hour chart illustrates a support level at 53.94, which if violated will result in even more drops to 53.26. On the upside, there is a resistance level at 55.37. A further resistance level may holdings at 56.12. The Relative Strength Index (RSI) on the 14-day chart is 32.02, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.18%. Stochastics %K at 33.49% indicates the stock is a holding.
The most recent change occurred on December 06, 2024 when Needham began covering the stock and recommended ‘”a Buy”‘ rating along with a $72 price target.
