Barclays analyst Lauren Lieberman maintains $Keurig Dr Pepper (KDP.US)$ with a buy rating, and adjusts the target price from $41 to $39.
According to TipRanks data, the analyst has a success rate of 53.2% and a total average return of 2.2% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Keurig Dr Pepper (KDP.US)$'s main analysts recently are as follows:
The assessment of Keurig Dr Pepper's recent earnings update reveals numerous elements to consider. Despite remaining questions, the outlook for the company is believed to be tied to a 7% earnings growth by 2025.
Keurig Dr Pepper's third-quarter performance in its U.S. coffee business was characterized as 'disappointing,' with the segment missing sales and profit targets despite a satisfactory performance in the U.S. refreshment beverages sector. The shortfall in the coffee segment was primarily due to unfavorable pricing, accompanied by lower-than-expected coffee pod volumes. Nonetheless, Keurig Dr Pepper's overall valuation is still considered appealing.
Keurig Dr Pepper's recent quarter performance was subdued, affected by significant promotions in the coffee segment and international outcomes that slightly missed projections. Despite these factors, the company experienced an increase in total company volumes for the third consecutive quarter, and its earnings per share met expectations.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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