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PepsiCo, Inc. (NYSE:PEP) has been downgraded to Hold in a report by Zacks Investment Research today.

Yesterday PepsiCo, Inc. (NYSE:PEP) traded -0.24% lower at $102.54. The company’s 50-day moving average is $105.13 and its 200-day moving average is $105.79. The last closing price is down -3.07% from the 200-day moving average, compared to the S&P 500 which has decreased -0.03% over the same time period. 3,886,799 shares of the stock traded hands, down from an average trading volume of 4,415,110

Zacks Investment Research has downgraded PepsiCo, Inc. (NYSE:PEP) to Hold in a report released on 11/30/2016.

Previously on 11/29/2016, Zacks Investment Research reported on PepsiCo, Inc. (NYSE:PEP) increased the target price from $0.00 to $115.00. At the time, this indicated a possible upside of 0.12%.

See Chart Below

PepsiCo, Inc. (NYSE:PEP)

PepsiCo, Inc. has a 52 week low of $93.25 and a 52 week high of $110.94 with a P/E ratio of 22.50 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 21 brokers have issued a report on the company. The average stock price target is $109.90 with 4 brokers rating the stock a strong buy, 11 brokers rating the stock a buy, 11 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information 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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