Credit Suisse reporeted on Dr Pepper Snapple Group Inc. (NYSE:DPS), boosting its stock price target to $108.00 earlier today
- Updated: September 15, 2016
Dr Pepper Snapple Group Inc. (NYSE:DPS) had its estimated target price raised to $108 by Credit Suisse in a report released Thursday September 15 2016. The new target price implies a possible upside of 0.20% from the company’s previous stock close price.
Previously on 6/29/2016, Goldman Sachs released a statement for Dr Pepper Snapple Group Inc.(NYSE:DPS) dropped the target price from $90.00 to $89.00 that suggested a downside of -0.06%.
Only yesterday Dr Pepper Snapple Group Inc. (NYSE:DPS) traded 0.07% lower at $90.22. The company’s 50-day average is $94.80 and its 200-day moving average is $93.02. With the last stock price close down 3.01% relative to the 200-day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. 1,036,720 shares of DPS traded hands, down from ann average trading volume of 1,140,810.
Dr Pepper Snapple Group Inc. has a P/E of 21 with a 52 week low of $76.56 and a 52 week high of $98.80. The company’s total market value is currently $0.0.
Also covering Dr Pepper Snapple Group Inc.’s price target, a total of 17 brokers have issued a report on Dr Pepper Snapple Group Inc.. The average target is $95.65 with one firm rating the stock a strong buy, three firms rating the stock a buy, 14 firms rating the stock a hold, two brokerages rating the stock to underperform, and lastly 0 brokeragesrating the company as sell.
More About Dr Pepper Snapple Group Inc. (NYSE:DPS)
Dr Pepper Snapple Group, Inc. is an owner, manufacturer and distributor of non-alcoholic beverages in the United States, Canada and Mexico. The Company’s products consist of flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks, water and mixers. The Company operates under three segments: Beverage Concentrates, Packaged Beverages and Latin America Beverages. Its brands include Dr Pepper, Canada Dry, Crush, Schweppes, Sunkist soda, 7UP, A&W, Sun Drop, RC Cola, Squirt, Diet Rite, Vernors and the concentrate form of Hawaiian Punch. Its Beverage Concentrates brands are sold by its bottlers, including its own Packaged Beverages segment, through retail channels, including supermarkets, fountains, merchandisers, club stores, convenience stores, gas stations, small groceries, and drug chains and dollar stores. It distributes finished beverages and manufactures beverage concentrates and fountain syrups.
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