PepsiCo (NYSE:PEP) price target dropped to $122.00, released a ratings update earlier today by Jefferies
- Updated: September 30, 2016
Jefferies dropped the price target of PepsiCo (NYSE:PEP) to $122.00 indicating a possible upside of 0.13%.
Yesterday PepsiCo (NYSE:PEP) traded 0.93% higher at $107.76. The company’s 50-day moving average is $107.19 and its 200-day moving average is $105.06. The last closing price is up 3.52% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 1,561,987 shares of the stock traded hands, down from an average trading volume of 3,922,640
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PepsiCo has a 52 week low of $92.53 and a 52 week high of $110.94 with a P/E ratio of 30.73 The company’s market cap is currently $0.
In addition to Jefferies reporting its stock price target, a total of 21 brokers have issued a research note 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 (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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