E-Malt.com News article: 4544

USA: Analyst Jeffrey G Kanter of Prudential Financial maintains his "neutral weight" rating on Molson Coors Brewing, while reducing his estimates for the company, New Ratings posted on March 25. The target price is set to $64. In a research note published on March 24, the analyst mentions that the downward revision in the estimates reflects the lower-than-initially-expected operating income growth assumption for the company's US segment. The EPS estimates for 2005 and 2006 have been reduced from $5.40 to $4.87 and from $5.90 to $5.60, respectively.

30 March, 2005