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Dr Pepper Snapple Group (NYSE:DPS) reached a new 52-week high during mid-day trading on Thursday , Stock Ratings Network reports. The company traded as high as $62.64 and last traded at $62.60, with a volume of 682,190 shares changing hands. The stock had previously closed at $61.82.

A number of analysts have recently weighed in on DPS shares. Analysts at Zacks reiterated a “neutral” rating on shares of Dr Pepper Snapple Group in a research note on Thursday. They now have a $65.00 price target on the stock. Finally, analysts at Jefferies Group reiterated a “hold” rating on shares of Dr Pepper Snapple Group in a research note on Friday, July 25th. They now have a $55.00 price target on the stock, up previously from $53.00. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $56.67.

The stock has a 50-day moving average of $60.00 and a 200-day moving average of $56.21. The company has a market cap of $12.207 billion and a price-to-earnings ratio of 17.06.

Dr Pepper Snapple Group (NYSE:DPS) last released its earnings data on Thursday, July 24th. The company reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.16. The company had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.62 billion. During the same quarter in the previous year, the company posted $0.84 earnings per share. The company’s revenue for the quarter was up 1.2% on a year-over-year basis. Analysts expect that Dr Pepper Snapple Group will post $3.55 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, October 3rd. Investors of record on Monday, September 15th will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.65%. The ex-dividend date is Thursday, September 11th.

Dr Pepper Snapple Group, Inc (NYSE:DPS) is an integrated brand owner, manufacturer and distributor of non-alcoholic beverages in the United States, Canada and Mexico with a diverse portfolio of flavored (non-cola) carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs), including ready-to-drink teas, juices, juice drinks and mixers.

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