Pepsico (PEP) : 9 brokerage houses believe that Pepsico (PEP) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Pepsico (PEP). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 14 Wall Street Analysts endorse the stock as a Buy with a rating of 1.54.
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. Pepsico (NYSE:PEP): The stock opened at $109.01 on Thursday but the bulls could not build on the opening and the stock topped out at $109.18 for the day. The stock traded down to $108.45 during the day, due to lack of any buying support eventually closed down at $108.48 with a loss of -0.31% for the day. The stock had closed at $108.82 on the previous day. The total traded volume was 2,786,795 shares.
In a related news, The Securities and Exchange Commission has divulged that Khan Mehmood, officer (Vice Chair,EVP,CSO,Global R&D) of Pepsico Inc, had unloaded 51,137 shares at an average price of $107.31 in a transaction dated on July 28, 2016. The total value of the transaction was worth $5,487,511.
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.