Analyst Rating Update on Pepsico (PEP)

Pepsico (PEP) : Zacks Investment Research ranks Pepsico (PEP) as 3, which is a Hold recommendation. 9 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 2 other analysts are mildly bullish on the stock and favor a Buy. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 14 research analysts is 1.54, which indicates as a Buy.

Pepsico (PEP) : The highest short term price target forecast on Pepsico (PEP) is $124 and the lowest target price is $112. A total of 8 equity analysts are currently covering the company. The average price of all the analysts is $119.5 with a standard deviation of $4.17.

For the current week, the company shares have a recommendation consensus of Buy. Also, In the latest statement by the brokerage house, Goldman Sachs maintains its outlook on Pepsico (NYSE:PEP). The current rating of the shares is Neutral, according to the research report released by the firm. The brokerage firm lowers the price target from $105 per share to $104 per share. The rating by the firm was issued on June 29, 2016.


Pepsico (NYSE:PEP): The stock opened at $108.93 on Wednesday but the bulls could not build on the opening and the stock topped out at $108.98 for the day. The stock traded down to $107.68 during the day, due to lack of any buying support eventually closed down at $108.04 with a loss of -0.63% for the day. The stock had closed at $108.72 on the previous day. The total traded volume was 3,691,873 shares.

PepsiCo, Inc. (PepsiCo) is a global food and beverage company. The Company operates through six segments: Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), Latin America Foods (LAF), which includes its food and snack businesses in Latin America; PepsiCo Americas Beverages (PAB), which includes its North American and Latin American beverage businesses; PepsiCo Europe (Europe), which includes beverage, food and snack businesses in Europe and South Africa, and PepsiCo Asia, Middle East and Africa (AMEA), which includes beverage, food and snack businesses in AMEA, excluding South Africa. Through its operations, bottlers, contract manufacturers and other third-parties, the Company manufactures, markets, distributes and sells a variety of beverages, foods and snacks, serving customers and consumers in more than 200 countries and territories.

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