|Bid||51.70 x 400|
|Ask||52.29 x 400|
|Day's Range||51.03 - 52.41|
|52 Week Range||40.64 - 55.50|
|PE Ratio (TTM)||41.86|
|Earnings Date||Aug 2, 2017 - Aug 7, 2017|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||56.06|
Analysts see it continue to gain on international expansion, innovative products and new sales strategies in the U.S. market.
There’s still plenty of energy in Monster Beverage shares, say a pair of analyst reports this week. The energy drink maker’s stock has risen over 15% this year and, according to the bullish analysts, it’s poised to keep growing thanks to international expansion, innovative new products, and new sales strategies in the U.S. Monster has been expanding internationally in recent quarters and plans to enter multiple new markets in Asia, Africa, and South America by the end of the year. A partnership with Coca-Cola -- which owns 18% of Monster -- has given Monster access to the beverage giants’ facilities, distribution channels, and international expertise.
Monster Beverage Corporation (NASDAQ: MNST ) continues to be a beast in the stock market, remaining Credit Suisse analyst Laurent Grandet’s top pick in the soft drink sector. Grandent reiterated an Outperform ...