Another Recommendation On Wall Street for Dr Pepper Snapple Group Inc (NYSE:DPS). This time with a $95.00 Share Target Price

September 17, 2017 - By Vivian Park

 Another Recommendation On Wall Street for Dr Pepper Snapple Group Inc (NYSE:DPS). This time with a $95.00 Share Target Price

Why Has Macquarie Research Given Dr Pepper Snapple Group Inc (NYSE:DPS) a $95.00 Price Target

Macquarie Research began its coverage for Dr Pepper Snapple Group Inc (NYSE:DPS), this morning Friday morning. The broker found the stock of DPS quite attractive and now has a TP of $95.00 with a key Neutral rating.

Dr Pepper Snapple Group Inc. (NYSE:DPS) Ratings Coverage

Among 18 analysts covering Dr Pepper Snapple (NYSE:DPS), 9 have Buy rating, 0 Sell and 9 Hold. Therefore 50% are positive. Dr Pepper Snapple has $116 highest and $84 lowest target. $98.57’s average target is 7.68% above currents $91.54 stock price. Dr Pepper Snapple had 48 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, July 13 by Cowen & Co. The firm has “Hold” rating by Zacks given on Monday, September 7. The firm has “Hold” rating by Cowen & Co given on Tuesday, August 22. As per Wednesday, January 13, the company rating was downgraded by Goldman Sachs. The stock has “Buy” rating by Zacks on Tuesday, August 25. The rating was maintained by BMO Capital Markets with “Buy” on Wednesday, July 12. On Monday, January 9 the stock rating was initiated by Barclays Capital with “Equal Weight”. UBS maintained the stock with “Neutral” rating in Friday, October 28 report. The stock of Dr Pepper Snapple Group Inc. (NYSE:DPS) earned “Buy” rating by Jefferies on Wednesday, April 19. The company was maintained on Thursday, August 31 by Stifel Nicolaus.

The stock decreased 0.05% or $0.05 on September 15, reaching $91.54. About 1.67 million shares traded or 85.45% up from the average. Dr Pepper Snapple Group Inc. (NYSE:DPS) has declined 1.39% since September 17, 2016 and is downtrending. It has underperformed by 18.09% the S&P500.

Analysts expect Dr Pepper Snapple Group Inc. (NYSE:DPS) to report $1.18 EPS on October, 26.They anticipate $0.01 EPS change or 0.85 % from last quarter’s $1.17 EPS. DPS’s profit would be $214.50 million giving it 19.39 P/E if the $1.18 EPS is correct. After having $1.25 EPS previously, Dr Pepper Snapple Group Inc.’s analysts see -5.60 % EPS growth.

Dr Pepper Snapple Group, Inc. is an integrated brand owner, maker and distributor of non-alcoholic beverages in the United States, Mexico and Canada. The company has market cap of $16.64 billion. The Firm offers a diverse portfolio of flavored carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water and mixers. It has a 21.97 P/E ratio. The Company’s divisions include Beverage Concentrates, Packaged Beverages and Latin America Beverages.

More notable recent Dr Pepper Snapple Group Inc. (NYSE:DPS) news were published by: which released: “Waiting For Dr Pepper Snapple To Break Down” on August 08, 2017, also with their article: “Dr Pepper Snapple Group (DPS) Q2 2017 Results – Earnings Call Transcript” published on July 27, 2017, published: “Vernors cans featuring well-known local lighthouses to go on sale” on September 01, 2017. More interesting news about Dr Pepper Snapple Group Inc. (NYSE:DPS) were released by: and their article: “3 Reasons Dr Pepper Snapple Group Stock Could Rise” published on August 30, 2017 as well as‘s news article titled: “Dr Pepper Snapple Is Undervalued” with publication date: September 03, 2017.

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