NEW YORK (TheStreet) -- Dr Pepper Snapple Group (DPS) stock closed Friday's trading session up 0.64% to $90.55 on heavy trading volume after analysts at CLSA lifted their rating on the stock to "outperform" from "underperform."
The firm also increased its price target to $101 from $94.
Lower oil and aluminum costs are tailwinds, analysts note, adding that they see organic domestic growth of 3%, Barron's.com reports.
Overall, the firm projects earnings to grow between the range of 8% to 9% through 2019, which means that it has the fastest earnings growth among soda stocks.
Based in Plano, TX, Dr Pepper Snapple Group operates as a brand owner, manufacturer, and distributor of non-alcoholic beverages in the U.S., Canada, Mexico, and the Caribbean.
TheStreet Ratings has a Buy rating on the stock with a letter grade of A+.
The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and solid stock price performance.
Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.
You can view the full analysis from the report here: DPSDPS data by YCharts