tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Molson Coors Extends Credit Agreement with Citibank

Story Highlights
Molson Coors Extends Credit Agreement with Citibank

Elevate Your Investing Strategy:

An announcement from Molson Coors ( (TAP) ) is now available.

On June 26, 2025, Molson Coors Beverage Company entered into an Extension Agreement with Citibank and other lenders to extend the maturity date of its revolving credit commitments from June 26, 2029, to June 26, 2030. This extension reflects the company’s efforts to enhance its financial flexibility and stability, potentially impacting its operational strategy and stakeholder confidence positively.

The most recent analyst rating on (TAP) stock is a Hold with a $62.50 price target. To see the full list of analyst forecasts on Molson Coors stock, see the TAP Stock Forecast page.

Spark’s Take on TAP Stock

According to Spark, TipRanks’ AI Analyst, TAP is a Neutral.

Molson Coors’ overall score reflects stable financial performance with strong profitability metrics, but is weighed down by bearish technical indicators and a challenging macroeconomic outlook. The low P/E ratio and healthy dividend yield offer valuation appeal, but revised guidance and declining financial metrics present significant risks.

To see Spark’s full report on TAP stock, click here.

More about Molson Coors

Molson Coors Beverage Company operates in the beverage industry, focusing primarily on brewing and distributing beer and other alcoholic beverages. The company has a significant market presence in North America and Europe, with subsidiaries including Molson Coors Brewing Company (UK) Limited and Molson Coors Canada Inc.

Average Trading Volume: 2,616,703

Technical Sentiment Signal: Sell

Current Market Cap: $9.61B

Learn more about TAP stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1