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National Bank of Canada FI increased its stake in Molson Coors Beverage

National Bank of Canada FI increased its stake in Molson Coors Beverage

Published by Leonardo Calcagno

National Bank of Canada FI increased its stake in Molson Coors Beverage (NYSE: TAP) by 52.2% in Q3, owning 330,346 shares valued at $20,681,000. Other institutional investors like Quent Capital, Contravisory Investment Management, Butensky & Cohen Financial Security, Salem Investment Counselors, and International Assets Investment Management also made notable moves.

Analyst ratings for TAP include upgrades by Deutsche Bank Aktiengesellschaft from “sell” to “hold,” with a target price increase to $58.00. Wedbush maintained a “neutral” rating with a $70.00 target, while TheStreet downgraded Molson Coors Beverage from “b-” to “c.” HSBC initiated coverage with a “hold” rating and a $68.00 target. Molson Coors Beverage’s stock is currently trading at $61.94, showing a 0.2% increase. [source: https://www.marketbeat.com ]

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