A statement released today by Zacks Investment Research about PepsiCo, Inc. (NYSE:PEP) raises the target price to $115.00
- Updated: November 29, 2016
Having a price of $102.79, PepsiCo, Inc. (NYSE:PEP) traded -0.24% lower on the day. With the last stock price down -3.07% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. PEP has recorded a 50-day average of $105.13 and a two hundred day average of $105.79. Trade Volume was down over the average, with 3,886,799 shares of PEP changing hands under the typical 4,415,110
PepsiCo, Inc. (NYSE:PEP) had its target price increased to $115.00 by Zacks Investment Research in a report issued Tuesday November 29, 2016. The updated stock price target implies a possible upside of 0.12% based on the company's previous stock price.
Recent Performance Chart
PepsiCo, Inc. has PE ratio of 22.50 with a one year low of $93.25 and a one year high of $110.94 and has a market capitalization of $0.
A total of 21 brokerages have released a report on PepsiCo, Inc.. Four brokerages rating the company a strong buy, eleven brokerages rating the company a buy, eleven brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $109.90.
Brief Synopsis About PepsiCo, Inc. (NYSE:PEP)
PepsiCo, Inc. is a food and beverage company. The Company, through its operations, bottlers, contract manufacturers and other third parties, is engaged in making, marketing, distributing and selling a range of beverages, foods and snacks, serving in over 200 countries and territories. The Company operates through six segments, namely, Frito-Lay North America (FLNA); Quaker Foods North America (QFNA); North America Beverages (NAB); Latin America, which includes its beverage, food and snack businesses in Latin America; Europe Sub-Saharan Africa (ESSA), which includes its beverage, food and snack businesses in Europe and Sub-Saharan Africa, and Asia, Middle East and North Africa (AMENA), which includes its beverage, food and snack businesses in Asia, Middle East and North Africa. The Company's brands include Agusha, Amp Energy, Aquafina, Aquafina Flavorsplash, Aunt Jemima, Cap'n Crunch, Cheetos, Chester's, Chipsy, Chudo, Cracker Jack, Diet Pepsi, Diet Sierra Mist and Domik v Derevne.
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