Smarter Analyst

Credit Suisse Reaffirms Their Hold Rating on Keurig Dr Pepper (KDP)

Credit Suisse analyst Theo Brito maintained a Hold rating on Keurig Dr Pepper (KDP) today and set a price target of $30.00. The company’s shares closed last Friday at $30.89.

According to TipRanks.com, Brito is ranked #3517 out of 7333 analysts.

Keurig Dr Pepper has an analyst consensus of Moderate Buy, with a price target consensus of $36.00.

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The company has a one-year high of $33.69 and a one-year low of $18.98. Currently, Keurig Dr Pepper has an average volume of 4.3M.

Based on the recent corporate insider activity of 34 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.

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Keurig Dr Pepper, Inc. engages in the production and marketing of non-alcoholic beverages. It operates through the following segments: Coffee Systems, Packaged Beverages, Beverage Concentrates, and Latin America Beverages. The Coffee Systems segment includes manufacture and distribution of finished goods relating to coffee, pods, and brewers. The Packaged Beverages segment offers finished beverages and other products, including own brands and third-party brands. The Beverage Concentrates sells branded concentrates and syrup to third-party bottlers. The Latin America Beverages segment refers to the sales in Mexico, the Caribbean, and other international markets from the production of concentrates, syrup, and finished beverages. The company was founded in 2018 and is headquartered in the Burlington, MA.