RBC Capital analyst Nik Modi maintained a Buy rating on Keurig Dr Pepper (NASDAQ:KDP) on Monday, setting a price target of $40, which is approximately 12.64% above the present share price of $35.51.
Modi expects Keurig Dr Pepper to post earnings per share (EPS) of $0.23 for the third quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in Keurig Dr Pepper, with an average price target of $38.
The analysts price targets range from a high of $42 to a low of $33.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $2.9 billion and a net profit of $640 million. The company's market cap is $50.33 billion.
According to TipRanks.com, RBC Capital analyst Nik Modi is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 15.1% and a 70.98% success rate.
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.