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MarketScreener Homepage  >  Equities  >  Nyse  >  Molson Coors Brewing    TAP

MOLSON COORS BREWING

(TAP)
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Glancy Prongay & Murray LLP : Announces Investigation on Behalf of Molson Coors Brewing Company Investors

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02/14/2019 | 11:01am EDT

Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Molson Coors Brewing Company investors (“Molson Coors” or the “Company”) (NYSE: TAP) concerning the Company and its officers’ possible violations of federal securities laws.

If you are a shareholder who suffered a loss, click here to participate.

On February 12, 2019, Molson Coors announced that it would restate its financial statements for fiscal years 2016 and 2017 after the audit committee found errors in Molson Coors’ financial reporting. On this news, Molson Coors’ share price fell $6.17, or more than 9.4%, to close at $59.19 per share on February 12, 2019, thereby injuring investors.

If you purchased Molson Coors stock, have information, or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067 at 310-201-9150, Toll-Free at 888-773-9244, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number, and the number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


© Business Wire 2019
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Financials (USD)
Sales 2019 10 607 M
EBIT 2019 1 455 M
Net income 2019 959 M
Debt 2019 8 658 M
Yield 2019 3,92%
P/E ratio 2019 11,3x
P/E ratio 2020 11,2x
EV / Sales2019 1,84x
EV / Sales2020 1,78x
Capitalization 10 877 M
Chart MOLSON COORS BREWING
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Technical analysis trends MOLSON COORS BREWING
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 20
Average target price 58,05  $
Last Close Price 50,07  $
Spread / Highest target 45,8%
Spread / Average Target 15,9%
Spread / Lowest Target -12,1%
EPS Revisions
Managers
NameTitle
Mark R. Hunter President, Chief Executive Officer & Director
Peter H. Coors Chairman
Tracey I. Joubert Chief Financial Officer
Andrew Thomas Molson Director
H. Sanford Riley Independent Director
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