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See what the IHS Markit Score report has to say about Molson Coors Brewing Co.

IHS Markit

Molson Coors Brewing Co

NYSE:TAP

Score: Neutral (35)

1 day at current score.

Upgraded from Negative on December 6th 2017

View full report here!

Summary


  • This company ranked positively in 3 out of 4 IHS Markit Categories but is neutral compared to the Consumer Goods sector
  • Perception of the company's creditworthiness is positive
  • ETFs holding this stock are seeing positive inflows
  • Bearish sentiment is low


Bearish sentiment

Short interest | Positive

Short interest is low for TAP with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices.

Money flow

ETF/Index ownership | Positive

ETF activity is positive. Over the last month, ETFs holding TAP are favorable, with net inflows of $10.10 billion. Additionally, the rate of inflows is increasing.

Economic sentiment

PMI by IHS Markit | Neutral

According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however.

Credit worthiness

Credit default swap | Positive

The current level displays a positive indicator. TAP credit default swap spreads are near the lowest level of the last one year and indicate improvement in the market's perception of the company's credit worthiness.

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