Dr Pepper Snapple Group Inc (DPS) : The consensus on Dr Pepper Snapple Group Inc (DPS) based on 13 analyst recommendation on the company stock is 2.69, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 9 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Dr Pepper Snapple Group Inc (DPS).
Dr Pepper Snapple Group Inc (DPS) : The most positive equity analysts on Dr Pepper Snapple Group Inc (DPS) expects the shares to touch $102, whereas, the least positive believes that the stock will trade at $85 in the short term. The company is covered by 12 Wall Street Brokerage Firms. The average price target for shares are $96 with an expected fluctuation of $4.99 from the mean.
Dr Pepper Snapple Group Inc (NYSE:DPS): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $97.52 and $96.48 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $98.14. The buying momentum continued till the end and the stock did not give up its gains. It closed at $97.74, notching a gain of 0.41% for the day. The total traded volume was 1,592,937 . The stock had closed at $97.34 on the previous day.
Also, In the latest statement by the brokerage house, Goldman Sachs maintains its outlook on Dr Pepper Snapple Group Inc (NYSE:DPS). The current rating of the shares is Sell, according to the research report released by the firm. The brokerage firm lowers the price target from $90 per share to $89 per share. The rating by the firm was issued on June 29, 2016. The company shares have rallied 27.86% from its 1 Year high price. On Jul 5, 2016, the shares registered one year high at $98.07 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $92.69 and the 200 Day Moving Average price is recorded at $91.71.
Dr Pepper Snapple Group, Inc. is a brand owner, manufacturer and distributor of non-alcoholic beverages. The Company operates in the United States, Canada and Mexico. Its products comprise 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. The Companys brands include Dr Pepper, Canada Dry, 7UP, A&W, Sunkist, Squirt, Penafiel, Crush, Schweppes, RC Cola, Snapple, Hawaiian Punch, Motts, Clamato, Aguafiel, Mr & Mrs T, Roses and Margaritaville, among others. The Company distributes finished beverages and manufactures beverage concentrates and fountain syrups. The Company caters to bottlers and distributors, and retailers.