Dr Pepper Snapple Group (NYSE:DPS) was upgraded by Royal Bank of Canada from a “sector perform” rating to an “outperform” rating in a research note issued on Monday. The firm presently has a $125.00 price target on the stock, down from their previous price target of $135.00. Royal Bank of Canada’s target price points to a potential upside of 5.57% from the company’s current price.
DPS has been the topic of a number of other reports. Credit Suisse Group restated an “outperform” rating and set a $128.00 target price (up from $107.00) on shares of Dr Pepper Snapple Group in a research report on Wednesday, January 10th. Sanford C. Bernstein restated a “market perform” rating and set a $124.00 target price (up from $92.00) on shares of Dr Pepper Snapple Group in a research report on Tuesday, January 30th. ValuEngine upgraded Dr Pepper Snapple Group from a “hold” rating to a “buy” rating in a research report on Thursday, March 1st. Zacks Investment Research upgraded Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a research report on Wednesday, January 10th. Finally, Stifel Nicolaus restated a “buy” rating and set a $122.00 target price (down from $124.00) on shares of Dr Pepper Snapple Group in a research report on Wednesday, March 14th. Twelve investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $117.43.
Shares of Dr Pepper Snapple Group stock opened at $118.40 on Monday. Dr Pepper Snapple Group has a 12-month low of $83.23 and a 12-month high of $126.65. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.72 and a current ratio of 0.90. The company has a market capitalization of $21,137.91, a PE ratio of 20.07, a PEG ratio of 2.15 and a beta of 0.80.
Dr Pepper Snapple Group (NYSE:DPS) last posted its earnings results on Wednesday, February 14th. The company reported $1.17 EPS for the quarter, meeting the Zacks’ consensus estimate of $1.17. Dr Pepper Snapple Group had a return on equity of 37.05% and a net margin of 16.08%. The firm had revenue of $1.64 billion for the quarter, compared to analysts’ expectations of $1.66 billion. During the same period last year, the firm earned $0.90 EPS. The company’s quarterly revenue was up 4.1% on a year-over-year basis. analysts predict that Dr Pepper Snapple Group will post 5.1 earnings per share for the current fiscal year.
Hedge funds have recently bought and sold shares of the stock. Amica Retiree Medical Trust acquired a new stake in Dr Pepper Snapple Group in the 3rd quarter worth about $110,000. Aevitas Wealth Management Inc. acquired a new stake in Dr Pepper Snapple Group in the 4th quarter worth about $136,000. James Hambro & Partners acquired a new stake in Dr Pepper Snapple Group in the 4th quarter worth about $175,000. Sawyer & Company Inc acquired a new stake in Dr Pepper Snapple Group in the 4th quarter worth about $205,000. Finally, Cue Financial Group Inc. purchased a new position in Dr Pepper Snapple Group in the 4th quarter worth approximately $205,000. Institutional investors own 92.79% of the company’s stock.
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About Dr Pepper Snapple Group
Dr Pepper Snapple Group, Inc is an integrated brand owner, manufacturer and distributor of non-alcoholic beverages in the United States, Mexico and Canada. The Company offers a diverse portfolio of flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water and mixers.
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