Reaffirmed: Dr Pepper (NYSE:DPS) Buy Rating Reaffirmed by Analysts at Stifel Nicolaus; $120.0 Target in Place

April 17, 2018 - By Adrian Erickson

Dr Pepper Snapple Group, Inc. (NYSE:DPS) Logo

Dr Pepper (NYSE:DPS) Rating Reaffirmed

Equities researchers at Stifel Nicolaus now has a $120.0 target price on Dr Pepper (NYSE:DPS). Stifel Nicolaus and their recent target price gives a potential downside of -0.88 % from the company’s stock close price. The rating has been revealed to clients and investors in a research report on Friday morning.

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

Among 12 analysts covering Dr Pepper Snapple Group (NYSE:DPS), 6 have Buy rating, 0 Sell and 6 Hold. Therefore 50% are positive. Dr Pepper Snapple Group has $130.0 highest and $91.0 lowest target. $120.27’s average target is -0.65% below currents $121.06 stock price. Dr Pepper Snapple Group had 25 analyst reports since October 23, 2017 according to SRatingsIntel. Cowen & Co maintained Dr Pepper Snapple Group, Inc. (NYSE:DPS) rating on Wednesday, February 14. Cowen & Co has “Hold” rating and $124.0 target. BMO Capital Markets maintained it with “Hold” rating and $122.0 target in Wednesday, February 14 report. The firm earned “Buy” rating on Tuesday, January 30 by Stifel Nicolaus. The firm earned “Buy” rating on Friday, December 22 by Stifel Nicolaus. The rating was maintained by Cowen & Co on Thursday, October 26 with “Hold”. On Tuesday, January 30 the stock rating was maintained by Bernstein with “Hold”. The firm has “Hold” rating given on Friday, February 16 by Jefferies. Stifel Nicolaus maintained it with “Buy” rating and $122 target in Wednesday, March 14 report. The firm has “Hold” rating by BMO Capital Markets given on Wednesday, January 31. The firm has “Buy” rating by Barclays Capital given on Tuesday, February 6.

The stock increased 0.02% or $0.02 during the last trading session, reaching $121.06. About 709,198 shares traded. Dr Pepper Snapple Group, Inc. (NYSE:DPS) has risen 21.65% since April 17, 2017 and is uptrending. It has outperformed by 10.10% the S&P500.

Analysts await Dr Pepper Snapple Group, Inc. (NYSE:DPS) to report earnings on April, 25. They expect $1.05 earnings per share, up 3.96 % or $0.04 from last year’s $1.01 per share. DPS’s profit will be $188.73 million for 28.82 P/E if the $1.05 EPS becomes a reality. After $1.17 actual earnings per share reported by Dr Pepper Snapple Group, Inc. for the previous quarter, Wall Street now forecasts -10.26 % negative EPS growth.

Dr Pepper Snapple Group, Inc. operates as a brand owner, manufacturer, and distributor of non-alcoholic beverages in the United States, Mexico, and Canada. The company has market cap of $21.76 billion. The firm operates through three divisions: Beverage Concentrates, Packaged Beverages, and Latin America Beverages. It has a 20.55 P/E ratio. It offers flavored carbonated soft drinks and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water, and mixers, as well as makes and sells Mott's apple sauces.

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

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