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Susquehanna Thinks Keurig Dr Pepper Inc’s Stock is Going to Recover


In a report released yesterday, Pablo Zuanic from Susquehanna reiterated a Buy rating on Keurig Dr Pepper Inc (NYSE: KDP), with a price target of $30. The company’s shares closed yesterday at $22.79, close to its 52-week low of $13.40.

According to TipRanks.com, Zuanic is a 4-star analyst with an average return of 5.1% and a 44.7% success rate. Zuanic covers the Consumer Goods sector, focusing on stocks such as Coca-Cola European Partners, Constellation Brands Inc, and Anheuser-Busch Inbev Sa.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Keurig Dr Pepper Inc with a $25.14 average price target.

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The company has a one-year high of $123.66 and a one-year low of $13.40. Currently, Keurig Dr Pepper Inc has an average volume of 3.35M.

Based on the recent corporate insider activity of 128 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of KDP in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Keurig Dr Pepper, Inc. manufactures and markets non-alcoholic beverages. The company is headquartered in the Burlington, Massachusetts.