In a report released today, Nik Modi from RBC Capital maintained a Buy rating on Keurig Dr Pepper (KDP – Research Report), with a price target of $41.00. The company’s shares closed yesterday at $33.84.
According to TipRanks, Modi is a 5-star analyst with an average return of 6.5% and a 60.12% success rate. Modi covers the Consumer Defensive sector, focusing on stocks such as Clorox, Constellation Brands, and The Hershey Company.
In addition to RBC Capital, Keurig Dr Pepper also received a Buy from Wells Fargo’s Christopher Carey in a report issued today. However, on April 15, Deutsche Bank maintained a Hold rating on Keurig Dr Pepper (NASDAQ: KDP).
KDP market cap is currently $44.07B and has a P/E ratio of 20.51.
Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of KDP in relation to earlier this year. Last month, Robert S. Singer, a Director at KDP sold 14,132.00 shares for a total of $413,341.00.
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 (KDP) Company Description:
Massachusetts-based Keurig Dr Pepper, Inc. operates as a non-alcoholic beverage company in the US and internationally. It operates through four segments: Coffee Systems, Packaged Beverages, Beverage Concentrates, and Latin America Beverages.
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