Dr Pepper Snapple Group (DPS) Lowered to “Market Perform” at BMO Capital Markets
Dr Pepper Snapple Group (NYSE:DPS) was downgraded by equities research analysts at BMO Capital Markets from an “outperform” rating to a “market perform” rating in a note issued to investors on Thursday, February 1st. They presently have a $125.00 price target on the stock. BMO Capital Markets’ price target points to a potential upside of 6.90% from the stock’s current price.
Other analysts also recently issued reports about the stock. Zacks Investment Research upgraded shares of Dr Pepper Snapple Group from a “sell” rating to a “hold” rating in a research report on Wednesday, January 10th. Credit Suisse Group reiterated an “outperform” rating and issued a $128.00 price target (up from $107.00) on shares of Dr Pepper Snapple Group in a research report on Wednesday, January 10th. Wells Fargo & Co upgraded shares of Dr Pepper Snapple Group from a “market perform” rating to an “outperform” rating in a research report on Monday, October 23rd. Cowen reiterated a “hold” rating and issued a $128.00 price target on shares of Dr Pepper Snapple Group in a research report on Tuesday, January 30th. Finally, Morgan Stanley downgraded shares of Dr Pepper Snapple Group to an “equal weight” rating in a research report on Wednesday, January 31st. Twelve investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $112.79.
Shares of Dr Pepper Snapple Group (DPS) traded down $1.07 during trading hours on Thursday, hitting $116.93. 3,394,899 shares of the company were exchanged, compared to its average volume of 2,965,724. The firm has a market cap of $21,110.00, a P/E ratio of 29.31, a price-to-earnings-growth ratio of 2.19 and a beta of 0.79. The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 2.07. Dr Pepper Snapple Group has a 1-year low of $83.23 and a 1-year high of $126.65.
COPYRIGHT VIOLATION WARNING: “Dr Pepper Snapple Group (DPS) Lowered to “Market Perform” at BMO Capital Markets” was originally reported by Daily Political and is the sole property of of Daily Political. If you are reading this article on another site, it was copied illegally and republished in violation of international trademark & copyright law. The original version of this article can be accessed at https://www.dailypolitical.com/2018/02/02/dr-pepper-snapple-group-dps-downgraded-to-hold-at-bmo-capital-markets.html.
Dr Pepper Snapple Group Company Profile
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.
Receive News & Ratings for Dr Pepper Snapple Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dr Pepper Snapple Group and related companies with MarketBeat.com's FREE daily email newsletter.