Monster Beverage Corporation (NASDAQ:MNST) stock price target increased to $43.62, released a report earlier today by Vetr Inc.
- Updated: November 30, 2016
Reporting a potential downside of -0.04%, Vetr Inc. upped the price target of Monster Beverage Corporation (NASDAQ:MNST) to $43.62
On 11/24/2016, Vetr Inc. released a statement on Monster Beverage Corporation (NASDAQ:MNST) upped the target price from $0.00 to $43.62 that suggested a downside of -0.03%.
Having a price of $45.28, Monster Beverage Corporation (NASDAQ:MNST) traded -1.17% lower on the day. With the last close down -68.09% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. MNST has recorded a 50-day average of $98.85 and a two hundred day average of $140.25. Trade Volume was down over the average, with 0 shares of MNST changing hands under the typical 1,885,160
Recent Performance Chart
Monster Beverage Corporation has 52 week low of $37.69 and a 52 week high of $55.50 with a PE ratio of 40.17 and has a market capitalization of $0.
Also covering Monster Beverage Corporation's target, a total of 16 brokers have issued a report on the stock. The consensus target price is $163.13 with 5 firms rating the stock a strong buy, 9 firms rating the stock a buy, 4 brokerages rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 analysts rating the company a sell.
General Company Details For Monster Beverage Corporation (NASDAQ:MNST)
Monster Beverage Corporation, through its subsidiaries, develops, markets, sells, and distributes energy drink beverages and its concentrates in the United States and internationally. It operates through three segments: Finished Products, Concentrate, and Other. The company provides carbonated energy, and non-carbonated dairy based coffee and energy drinks to full service beverage distributors, retail grocery and specialty chains, wholesalers, club stores, drug chains, mass merchandisers, convenience chains, health food distributors, food service customers, and the military; and concentrates and/or beverage bases to authorized bottling and canning operations. Monster Beverage Corporation sells its products under the Monster Energy, Nalu, Monster Rehab, NOS, Monster Energy Extra Strength Nitrous Technology, Full Throttle, Java Monster, Burn, Muscle Monster, Mother, Mega Monster Energy, Ultra, Punch Monster, Play and Power Play, Juice Monster, Gladiator, M3, Relentless, Ãœbermonster, Samurai, BU, and BPM brands. The company was formerly known as Hansen Natural Corporation and changed its name to Monster Beverage Corporation in January 2012. Monster Beverage Corporation was founded in 1985 and is headquartered in Corona, California.
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