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PepsiCo (NYSE:PEP) target price increased to $121.00, reported earlier today by Credit Suisse

In an issued report on 9/16/2016 Credit Suisse upped the target price of PepsiCo (NYSE:PEP) from $0 to $121 reporting a possible upside of 0.15%.

Showing a price of $105.48, PepsiCo (NYSE:PEP) traded 0.19% lower on the day. The last close is up 0.71% from the 200-day average, compared to the S&P 500 which has fallen -0.01% over the same time. PEP has been tracking to a 50-day moving average of $107.64 and 200-day average of $104.54. Volume of trade was was up over the average, with 4,930,806 shares of PEP changing hands over the typical 3,985,750 shares.

Performance Chart:

PepsiCo (NYSE:PEP)

With a market cap of $0.0, PepsiCo has a 52 week low of $91.45 and a one-year high of $110.94 with a PE ratio of 30.

A total of 21 analysts have released a ratings update on the company. Four firms rate the stock a strong buy, 11 analysts rate the company a buy, 11 analyts rate the stock a hold, 0 rate the company to underperform, and lastly 0 analystsrate the stock as sell with an average target stock price of $109.90

Brief Synopsis On 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, and Diet Sierra Mist and Domik v Derevne.

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