- Molson Coors has been punished in the past for its declining top and bottom line. However, the company is poised to deliver growth in 2021.
- Shifting focus to premium and above premium brands, launching new products beyond the beer category, and partnering with other players like Coca-Cola are the main growth and profit drivers.
- Even with conservative assumptions, we believe TAP might offer 42% upside potential to $64/share. It is also one of the cheapest companies in the sector based on relative valuation.
For further details see:
Molson Coors Is Attractively Priced, Offering 42% Upside