New York: Dr Pepper (NYSE:DPS) Stock Has Just Had Its Buy Rating Reiterated by Jefferies. Shares now Have a $112.0 Target

September 17, 2017 - By Richard Conner

 New York: Dr Pepper (NYSE:DPS) Stock Has Just Had Its Buy Rating Reiterated by Jefferies. Shares now Have a $112.0 Target

Dr Pepper (NYSE:DPS) Rating Reaffirmed

Research analysts at Jefferies now has a $112.0 PT on Dr Pepper (NYSE:DPS). Jefferies and their recent PT gives a potential upside of 22.35 % from the company’s stock close price. The rating has been disclosed to clients in analysts report on Monday morning.

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 “Buy” rating on Wednesday, April 19 by Jefferies. The firm has “Buy” rating given on Monday, September 11 by Jefferies. As per Tuesday, May 16, the company rating was upgraded by Morgan Stanley. The company was maintained on Thursday, August 31 by Stifel Nicolaus. The rating was maintained by RBC Capital Markets with “Hold” on Friday, June 9. The stock of Dr Pepper Snapple Group Inc. (NYSE:DPS) has “Neutral” rating given on Friday, October 23 by UBS. The firm has “Buy” rating by Evercore given on Monday, October 5. As per Friday, September 16, the company rating was initiated by Credit Suisse. The firm has “Outperform” rating by Credit Agricole given on Friday, January 22. Jefferies maintained the stock with “Buy” rating in Monday, August 7 report.

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: Seekingalpha.com which released: “Waiting For Dr Pepper Snapple To Break Down” on August 08, 2017, also Fool.com with their article: “3 Reasons Dr Pepper Snapple Group Stock Could Rise” published on August 30, 2017, Seekingalpha.com published: “Dr Pepper Snapple Group (DPS) Q2 2017 Results – Earnings Call Transcript” on July 27, 2017. More interesting news about Dr Pepper Snapple Group Inc. (NYSE:DPS) were released by: Nasdaq.com and their article: “Ex-Dividend Reminder: Dr Pepper Snapple Group, J&J Snack Foods and MDU …” published on September 11, 2017 as well as Crainsdetroit.com‘s news article titled: “Vernors cans featuring well-known local lighthouses to go on sale” with publication date: September 01, 2017.

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