Investment Analysts’ Recent Ratings Updates for Molson Coors Beverage (TAP)

A number of firms have modified their ratings and price targets on shares of Molson Coors Beverage (NYSE: TAP) recently:

• 5/18/2026 – Molson Coors Beverage had its price target lowered by Wells Fargo & Company from $45.00 to $43.00. They now have an “equal weight” rating on the stock.
• 5/17/2026 – Molson Coors Beverage was downgraded by Wall Street Zen from “buy” to “hold”.
• 5/9/2026 – Molson Coors Beverage was upgraded by Wall Street Zen from “hold” to “buy”.
• 5/4/2026 – Molson Coors Beverage had its price target lowered by Morgan Stanley from $52.00 to $46.00. They now have an “equal weight” rating on the stock.
• 5/1/2026 – Molson Coors Beverage had its “hold” rating reaffirmed by Deutsche Bank Aktiengesellschaft. They now have a $42.00 price target on the stock.
• 5/1/2026 – Molson Coors Beverage had its price target lowered by Barclays PLC from $43.00 to $41.00. They now have an “underweight” rating on the stock.
• 5/1/2026 – Molson Coors Beverage had its price target raised by The Goldman Sachs Group, Inc. from $48.00 to $50.00.
• 5/1/2026 – Molson Coors Beverage had its price target lowered by Needham & Company LLC from $52.00 to $50.00. They now have a “buy” rating on the stock.
• 4/28/2026 – Molson Coors Beverage had its price target raised by Morgan Stanley from $48.00 to $52.00. They now have an “equal weight” rating on the stock.
• 4/27/2026 – Molson Coors Beverage had its price target lowered by JPMorgan Chase & Co. from $45.00 to $43.00. They now have a “neutral” rating on the stock.
• 4/21/2026 – Molson Coors Beverage had its price target lowered by Evercore Inc from $50.00 to $47.00. They now have an “outperform” rating on the stock.
• 4/20/2026 – Molson Coors Beverage had its price target lowered by Jefferies Financial Group Inc. from $45.00 to $43.00. They now have a “hold” rating on the stock.
• 4/14/2026 – Molson Coors Beverage had its price target raised by Barclays PLC from $40.00 to $43.00. They now have an “underweight” rating on the stock.
• 4/13/2026 – Molson Coors Beverage was upgraded by Zacks Research from “strong sell” to “hold”.
• 4/8/2026 – Molson Coors Beverage had its price target lowered by The Goldman Sachs Group, Inc. from $50.00 to $48.00. They now have a “buy” rating on the stock.
• 4/8/2026 – Molson Coors Beverage had its price target lowered by Wells Fargo & Company from $52.00 to $45.00. They now have an “equal weight” rating on the stock.
• 4/7/2026 – Molson Coors Beverage had its price target lowered by UBS Group AG from $50.00 to $45.00. They now have a “neutral” rating on the stock.
• 3/30/2026 – Molson Coors Beverage had its price target lowered by Deutsche Bank Aktiengesellschaft from $45.00 to $41.00. They now have a “hold” rating on the stock.
• 3/27/2026 – Molson Coors Beverage had its “sell (d)” rating reaffirmed by Weiss Ratings.
• 3/25/2026 – Molson Coors Beverage had its price target lowered by Barclays PLC from $47.00 to $40.00. They now have an “underweight” rating on the stock.

Molson Coors Beverage Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 29th will be given a dividend of $0.48 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $1.92 dividend on an annualized basis and a dividend yield of 4.6%. Molson Coors Beverage’s payout ratio is -18.05%.

Insider Activity

In related news, Director Andrew Thomas Molson bought 2,000 shares of the business’s stock in a transaction dated Monday, March 9th. The shares were bought at an average cost of $46.67 per share, with a total value of $93,340.00. Following the completion of the transaction, the director directly owned 24,654 shares of the company’s stock, valued at approximately $1,150,602.18. This trade represents a 8.83% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 2.27% of the stock is owned by company insiders.

Molson Coors Beverage Company is a leading multinational brewing and beverage enterprise formed through the 2005 merger of Canada’s Molson and the United States’ Coors. The company develops, markets and distributes an array of alcoholic and non-alcoholic beverages, focusing primarily on beer and ready-to-drink products. Its portfolio spans flagship brands such as Coors Light, Molson Canadian and Miller Lite, alongside craft-style offerings like Blue Moon and global imports including Carling and Staropramen.

In addition to its core beer business, Molson Coors has expanded into adjacent categories to capture evolving consumer tastes.