Molson Coors Brewing Co (TAP) Stock Rating Maintained by Credit Suisse; The $96 Target Indicates 20.18% Potential; Luminus Management Lowered Great Plains Energy (GXP) Stake By $37.42 Million

February 15, 2018 - By Clifton Ray

Among 16 analysts covering Molson Coors Brewing Company (NYSE:TAP), 9 have Buy rating, 0 Sell and 7 Hold. Therefore 56% are positive. Molson Coors Brewing Company has $159 highest and $71 lowest target. $98.06’s average target is 22.76% above currents $79.88 stock price. Molson Coors Brewing Company had 49 analyst reports since August 7, 2015 according to SRatingsIntel. Credit Suisse upgraded the shares of TAP in report on Monday, February 12 to “Outperform” rating. The stock of Molson Coors Brewing Company (NYSE:TAP) earned “Buy” rating by Stifel Nicolaus on Wednesday, August 2. The stock has “Hold” rating by Cowen & Co on Tuesday, August 22. The stock has “Buy” rating by Goldman Sachs on Monday, October 10. The firm has “Buy” rating given on Thursday, February 1 by Stifel Nicolaus. On Monday, September 18 the stock rating was maintained by Stifel Nicolaus with “Buy”. Stifel Nicolaus maintained it with “Buy” rating and $116.0 target in Friday, December 22 report. The stock has “Neutral” rating by Citigroup on Friday, April 8. The stock of Molson Coors Brewing Company (NYSE:TAP) earned “Hold” rating by Berenberg on Thursday, February 8. Cowen & Co maintained Molson Coors Brewing Company (NYSE:TAP) on Monday, January 8 with “Hold” rating.

Luminus Management Llc decreased Great Plains Energy Inc (GXP) stake by 74.24% reported in 2017Q3 SEC filing. Luminus Management Llc sold 1.25 million shares as Great Plains Energy Inc (GXP)’s stock rose 1.39%. The Luminus Management Llc holds 432,841 shares with $13.12M value, down from 1.68 million last quarter. Great Plains Energy Inc now has $6.46 billion valuation. The stock increased 0.40% or $0.12 during the last trading session, reaching $29.99. About 209,698 shares traded. Great Plains Energy Incorporated (NYSE:GXP) has declined 7.52% since February 15, 2017 and is downtrending. It has underperformed by 24.22% the S&P500.

Investors sentiment increased to 1.18 in 2017 Q3. Its up 0.28, from 0.9 in 2017Q2. It improved, as 48 investors sold Molson Coors Brewing Company shares while 137 reduced holdings. 67 funds opened positions while 152 raised stakes. 161.22 million shares or 2.19% less from 164.83 million shares in 2017Q2 were reported. Oregon Public Employees Retirement Fund reported 0.03% in Molson Coors Brewing Company (NYSE:TAP). Diamond Hill Management holds 3.09 million shares. Greenleaf Tru, Michigan-based fund reported 144 shares. Sandy Spring State Bank holds 36 shares. Ny State Teachers Retirement Sys reported 0.06% in Molson Coors Brewing Company (NYSE:TAP). Fred Alger Inc invested 0.15% in Molson Coors Brewing Company (NYSE:TAP). Art Ltd Llc has invested 0.3% in Molson Coors Brewing Company (NYSE:TAP). Gsa Cap Limited Liability Partnership accumulated 0.12% or 21,407 shares. The Alaska-based State Of Alaska Department Of Revenue has invested 0.06% in Molson Coors Brewing Company (NYSE:TAP). Geode Capital Management Ltd Liability holds 0.06% in Molson Coors Brewing Company (NYSE:TAP) or 1.87 million shares. D E Shaw Communication Inc holds 606,109 shares. Sumitomo Mitsui Trust Hldgs owns 518,987 shares. 18 are owned by Thompson Davis & Inc. Naples Glob Advisors Lc holds 15,851 shares. Moreover, Veritable Lp has 0% invested in Molson Coors Brewing Company (NYSE:TAP).

Since January 16, 2018, it had 0 insider buys, and 1 sale for $4.73 million activity. COORS PETER H sold $4.73M worth of stock.

The stock decreased 0.71% or $0.57 during the last trading session, reaching $79.88. About 479,986 shares traded. Molson Coors Brewing Company (NYSE:TAP) has declined 3.45% since February 15, 2017 and is downtrending. It has underperformed by 20.15% the S&P500.

Molson Coors Brewing Company manufactures and sells beer and other beverage products in the United States, Canada, Europe, and internationally. The company has market cap of $17.23 billion. It sells various products under the Coors Light, Miller Lite, Coors Banquet, the Blue Moon Brewing Company brands, the Jacob Leinenkugel Brewing Company brands, Keystone, Icehouse, MickeyÂ’s, Miller 64, Miller Genuine Draft, Miller High Life, MilwaukeeÂ’s Best, Hamm's, Olde English 800, Steel Reserve, Crispin, Smith & Forge, Redd's, the HenryÂ’s Hard Soda, and Steel Reserve Alloy Series brands. It has a 7.71 P/E ratio. The firm also offers various brands, including Molson Canadian, Belgian Moon, Carling, Carling Black Label, Creemore Springs, the Granville Island, Mad Jack, the Miller, Molson Canadian 67, Molson Canadian Cider, Molson Dry, Molson Export, Old Style Pilsner, and the Rickard's family of brands.

Among 14 analysts covering Great Plains Energy (NYSE:GXP), 7 have Buy rating, 0 Sell and 7 Hold. Therefore 50% are positive. Great Plains Energy had 31 analyst reports since August 10, 2015 according to SRatingsIntel. The company was maintained on Tuesday, January 16 by SunTrust. The rating was maintained by SunTrust on Monday, September 26 with “Neutral”. The rating was upgraded by Zacks on Friday, September 4 to “Hold”. As per Thursday, March 10, the company rating was maintained by Argus Research. As per Tuesday, July 11, the company rating was upgraded by J.P. Morgan. Argus Research maintained Great Plains Energy Incorporated (NYSE:GXP) on Monday, November 30 with “Buy” rating. The firm has “Hold” rating given on Sunday, January 28 by SunTrust. The firm has “Buy” rating by Ladenburg Thalmann given on Wednesday, October 26. The firm earned “Buy” rating on Monday, October 3 by Bank of America. The rating was downgraded by Bank of America to “Neutral” on Tuesday, January 12.

Investors sentiment is 1.13 in Q3 2017. Its the same as in 2017Q2. It is flat, as 41 investors sold GXP shares while 95 reduced holdings. only 51 funds opened positions while 103 raised stakes. 183.40 million shares or 0.31% less from 183.97 million shares in 2017Q2 were reported. Stifel Fincl reported 9,631 shares stake. Credit Agricole S A invested in 0.01% or 51,548 shares. Boston has invested 0.09% of its portfolio in Great Plains Energy Incorporated (NYSE:GXP). Monroe Bancorporation Mi accumulated 0.12% or 13,164 shares. Maryland-based Proshare Ltd Liability Corp has invested 0% in Great Plains Energy Incorporated (NYSE:GXP). 12,500 were accumulated by South Dakota Investment Council. Cadence reported 13,499 shares or 0.03% of all its holdings. Dean Assocs Ltd Liability Corporation reported 25,832 shares. 14,390 were reported by Blair William & Il. Gabelli Funds Ltd Liability Corp reported 1.16 million shares. Brinker Capital holds 0.01% or 8,995 shares in its portfolio. Jennison Associate Ltd Llc has 3.97 million shares. Commonwealth Equity Services, a Massachusetts-based fund reported 100,520 shares. Moreover, Pub Employees Retirement Association Of Colorado has 0% invested in Great Plains Energy Incorporated (NYSE:GXP). Focused Wealth invested in 0.01% or 600 shares.

Analysts await Great Plains Energy Incorporated (NYSE:GXP) to report earnings on February, 22. They expect $0.12 EPS, down 7.69% or $0.01 from last year’s $0.13 per share. GXP’s profit will be $25.85M for 62.48 P/E if the $0.12 EPS becomes a reality. After $1.05 actual EPS reported by Great Plains Energy Incorporated for the previous quarter, Wall Street now forecasts -88.57% negative EPS growth.

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