Dr Pepper Snapple Group (NYSE:DPS) received a $129.00 price target from investment analysts at Susquehanna Bancshares in a note issued to investors on Monday. The firm currently has a “hold” rating on the stock. Susquehanna Bancshares’ price target indicates a potential upside of 10.50% from the company’s current price.

Several other brokerages have also issued reports on DPS. BMO Capital Markets lowered shares of Dr Pepper Snapple Group from an “outperform” rating to a “market perform” rating and set a $125.00 target price on the stock. in a research note on Thursday, February 1st. Gabelli raised shares of Dr Pepper Snapple Group from a “hold” rating to a “buy” rating in a research note on Thursday, February 1st. Morgan Stanley lowered shares of Dr Pepper Snapple Group to an “equal weight” rating in a research note on Wednesday, January 31st. Cowen reissued a “hold” rating and set a $128.00 target price on shares of Dr Pepper Snapple Group in a research note on Tuesday, January 30th. Finally, Deutsche Bank lowered shares of Dr Pepper Snapple Group from a “buy” rating to a “hold” rating and increased their target price for the stock from $114.00 to $123.00 in a research note on Monday, January 29th. Twelve research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Dr Pepper Snapple Group presently has an average rating of “Hold” and an average price target of $115.64.

Dr Pepper Snapple Group (NYSE:DPS) opened at $116.74 on Monday. The stock has a market cap of $20,977.91, a price-to-earnings ratio of 29.26, a P/E/G ratio of 2.16 and a beta of 0.79. Dr Pepper Snapple Group has a 12 month low of $83.23 and a 12 month high of $126.65. The company has a debt-to-equity ratio of 2.07, a quick ratio of 0.74 and a current ratio of 0.93.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in DPS. Virtu KCG Holdings LLC acquired a new position in Dr Pepper Snapple Group during the second quarter worth $251,000. Raymond James Financial Services Advisors Inc. raised its holdings in Dr Pepper Snapple Group by 6.5% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 14,785 shares of the company’s stock worth $1,347,000 after buying an additional 904 shares during the last quarter. Bank of Nova Scotia raised its holdings in Dr Pepper Snapple Group by 691.5% during the second quarter. Bank of Nova Scotia now owns 41,791 shares of the company’s stock worth $3,808,000 after buying an additional 36,511 shares during the last quarter. Castleark Management LLC acquired a new position in Dr Pepper Snapple Group during the second quarter worth $258,000. Finally, Koch Industries Inc. acquired a new position in Dr Pepper Snapple Group during the second quarter worth $340,000. Hedge funds and other institutional investors own 90.74% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Dr Pepper Snapple Group (DPS) Given a $129.00 Price Target by Susquehanna Bancshares Analysts” was reported by TheOlympiaReport and is the property of of TheOlympiaReport. If you are accessing this story on another domain, it was illegally stolen and republished in violation of U.S. and international trademark and copyright laws. The legal version of this story can be read at https://theolympiareport.com/2018/02/13/dr-pepper-snapple-group-dps-given-a-129-00-price-target-by-susquehanna-bancshares-analysts.html.

About Dr Pepper Snapple Group

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)

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.