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Top Brewers Stocks to Buy in 2019This summary was created by AI, based on 1 opinions in the last 12 months.
The experts find the outlook for Molson Coors Canada (B) to be challenging due to the shift in societal preference towards non-alcoholic drinks. They acknowledge the tough landscape for beer in comparison to spirits which are seen as more appealing. However, they highlight that there are worse investments, indicating a relatively neutral stance on the stock.
This is a staple business and one that is pretty good through a lot of different economic environments. The yield is not that attractive. He usually likes to see yields in the 3%-5% range. This is off about 40% since the middle of last year, and he wonders why. When a stock this big gets hit that hard, and has a good of the business behind it, it is probably a reason to take a look at it and he is going to do some homework on it. Dividend yield of almost 2%.
Molson Coors Canada (B) is a Canadian stock, trading under the symbol TPX.B-T on the Toronto Stock Exchange (TPX.B-CT). It is usually referred to as TSX:TPX.B or TPX.B-T
In the last year, 1 stock analyst published opinions about TPX.B-T. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Molson Coors Canada (B).
Molson Coors Canada (B) was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Molson Coors Canada (B).
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Molson Coors Canada (B) In the last year. It is a trending stock that is worth watching.
On 2024-12-11, Molson Coors Canada (B) (TPX.B-T) stock closed at a price of $86.79.
Rough go. Societal move towards non-alcoholic drinks. They'll come through. Tough space, especially for beer. Spirits are more compelling. But there are worse investments.