Dr Pepper Snapple Group (NYSE:DPS) Rating Reiterated by Stifel Nicolaus

Dr Pepper Snapple Group (NYSE:DPS)‘s stock had its “buy” rating reaffirmed by equities researchers at Stifel Nicolaus in a research note issued on Wednesday, March 14th, MarketBeat Ratings reports. They presently have a $122.00 price objective on the stock, down from their prior price objective of $124.00. Stifel Nicolaus’ price objective indicates a potential upside of 2.87% from the stock’s current price.

A number of other equities analysts have also commented on DPS. Credit Suisse Group reissued an “outperform” rating and issued a $128.00 price target (up previously from $107.00) on shares of Dr Pepper Snapple Group in a research report on Wednesday, January 10th. Sanford C. Bernstein reissued a “market perform” rating and issued a $124.00 price target (up previously from $92.00) on shares of Dr Pepper Snapple Group in a research report on Tuesday, January 30th. Zacks Investment Research raised shares of Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a research report on Wednesday, January 10th. BMO Capital Markets lowered shares of Dr Pepper Snapple Group from an “outperform” rating to a “market perform” rating and set a $125.00 price target on the stock. in a research report on Thursday, February 1st. Finally, Wells Fargo lowered shares of Dr Pepper Snapple Group from an “outperform” rating to a “market perform” rating in a research report on Tuesday, January 30th. Twelve analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $117.43.

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DPS traded down $0.05 during midday trading on Wednesday, hitting $118.60. 904,196 shares of the company’s stock traded hands, compared to its average volume of 1,615,978. Dr Pepper Snapple Group has a one year low of $83.23 and a one year high of $126.65. The firm has a market cap of $21,326.64, a PE ratio of 26.12, a PEG ratio of 2.15 and a beta of 0.75. The company has a debt-to-equity ratio of 1.80, a quick ratio of 0.72 and a current ratio of 0.90.

Dr Pepper Snapple Group (NYSE:DPS) last released its quarterly 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 net margin of 16.08% and a return on equity of 37.05%. The company had revenue of $1.64 billion for the quarter, compared to analyst estimates of $1.66 billion. During the same quarter last year, the firm posted $0.90 earnings per share. The company’s quarterly revenue was up 4.1% compared to the same quarter last year. sell-side analysts anticipate that Dr Pepper Snapple Group will post 5.14 earnings per share for the current fiscal year.

Several institutional investors have recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. grew its stake in shares of Dr Pepper Snapple Group by 3.3% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 32,807 shares of the company’s stock worth $3,184,000 after acquiring an additional 1,038 shares during the last quarter. Xact Kapitalforvaltning AB boosted its stake in Dr Pepper Snapple Group by 3.5% during the fourth quarter. Xact Kapitalforvaltning AB now owns 54,918 shares of the company’s stock worth $5,330,000 after buying an additional 1,847 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in Dr Pepper Snapple Group by 1.7% during the fourth quarter. Envestnet Asset Management Inc. now owns 53,484 shares of the company’s stock worth $5,191,000 after buying an additional 887 shares in the last quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp boosted its stake in Dr Pepper Snapple Group by 1.1% during the fourth quarter. BRITISH COLUMBIA INVESTMENT MANAGEMENT Corp now owns 101,370 shares of the company’s stock worth $9,839,000 after buying an additional 1,083 shares in the last quarter. Finally, OLD Mutual Customised Solutions Proprietary Ltd. boosted its stake in Dr Pepper Snapple Group by 47.3% during the fourth quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 10,582 shares of the company’s stock worth $1,027,000 after buying an additional 3,400 shares in the last quarter. Institutional investors and hedge funds own 92.81% of the company’s stock.

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About Dr Pepper Snapple Group

Dr Pepper Snapple Group, Inc manufactures and distributes non-alcoholic beverages in the United States, Mexico and the Caribbean, and Canada. The company operates through three segments: Beverage Concentrates, Packaged Beverages, and Latin America Beverages. It offers flavored carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, mineral and coconut water, and mixers, as well as manufactures and sells Mott's apple sauces.

Analyst Recommendations for Dr Pepper Snapple Group (NYSE:DPS)

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