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.

A number of hedge funds have recently made changes to their positions in the business. Toronto Dominion Bank raised its holdings in Dr Pepper Snapple Group by 12.5% during the 4th quarter. Toronto Dominion Bank now owns 79,388 shares of the company’s stock worth $7,705,000 after buying an additional 8,799 shares during the period. Advisory Research Inc. grew its stake in shares of Dr Pepper Snapple Group by 23.6% during the 4th quarter. Advisory Research Inc. now owns 9,533 shares of the company’s stock worth $925,000 after acquiring an additional 1,820 shares in the last quarter. First Trust Advisors LP grew its stake in shares of Dr Pepper Snapple Group by 0.9% during the 4th quarter. First Trust Advisors LP now owns 259,463 shares of the company’s stock worth $25,183,000 after acquiring an additional 2,415 shares in the last quarter. Pinnacle Financial Partners Inc. grew its stake in shares of Dr Pepper Snapple Group by 9.3% during the 4th quarter. Pinnacle Financial Partners Inc. now owns 27,160 shares of the company’s stock worth $2,635,000 after acquiring an additional 2,316 shares in the last quarter. Finally, Cetera Advisors LLC bought a new position in shares of Dr Pepper Snapple Group during the 4th quarter worth approximately $320,000. Hedge funds and other institutional investors own 89.95% of the company’s stock.

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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.

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

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