Pepsico (NYSE:PEP) : The most positive equity analysts on Pepsico (NYSE:PEP) expects the shares to touch $119, whereas, the least positive believes that the stock will trade at $100 in the short term. The company is covered by 10 Wall Street Brokerage Firms. The average price target for shares are $113.8 with an expected fluctuation of $5.43 from the mean.
Other Equity analysts have also commented on the company shares. Barclays maintains its rating on Pepsico (NYSE:PEP). The global brokerage major raises the current price target from $105 per share to $115 per share. Analysts at the Barclays have a current rating of Overweight on the shares. The rating by the firm was issued on April 19, 2016.
Pepsico (NYSE:PEP): stock turned positive on Thursday. Though the stock opened at $104.46, the bulls momentum made the stock top out at $104.5 level for the day. The stock recorded a low of $103.91 and closed the trading day at $104.44, in the green by 0.67%. The total traded volume for the day was 3,068,134. The stock had closed at $103.74 in the previous days trading.
The company shares have rallied 9.40% from its 1 Year high price. On May 11, 2016, the shares registered one year high at $106.94 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $103.04 and the 200 Day Moving Average price is recorded at $100.78. On the companys insider trading activities, The Securities and Exchange Commission has divulged that Nooyi Indra K, director officer (Chairman and CEO) of Pepsico Inc, had unloaded 304,220 shares at an average price of $103.31 in a transaction dated on May 2, 2016. The total value of the transaction was worth $31,428,968.
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.