A statement released earlier today by RBC Capital Markets about Pepsico Inc. (NYSE:PEP) bumps the target price to $115.00

Having a price of $115.44, Pepsico Inc. (NYSE:PEP) traded 0.56% higher on the day. With the last close up 4.14% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the same period. Pepsico Inc. has recorded a 50-day average of $116.24 and a two hundred day average of $113.56. Volume of trade was down over the average, with 2,119,494 shares of PEP changing hands under the typical 3,291,600

RBC Capital Markets bumped up the target of Pepsico Inc. (NYSE:PEP) to $115.00 stating a potential downside of 0.00%.

See Chart Below

Pepsico Inc. has a 52 week low of $98.50 and a 52 week high of $119.39 with a P/E ratio of 25.04 The company’s market cap is currently $0.

In addition to RBC Capital Markets reporting its target price, a total of 21 firms have reported on the stock. The consensus target price is $109.90 with 4 firms rating the stock a strong buy, 11 firms rating the stock a buy, 11 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Pepsico Inc. (NYSE:PEP)

PepsiCo, Inc. is a global food and beverage company. The Company’s portfolio of brands includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. The Company operates through six segments: Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), North America Beverages (NAB), Latin America, Europe Sub-Saharan Africa (ESSA), and Asia, Middle East and North Africa (AMENA). The FLNA segment includes its branded food and snack businesses in the United States and Canada. The QFNA segment includes its cereal, rice, pasta and other branded food businesses in the United States and Canada. The NAB segment includes its beverage businesses in the United States and Canada. The Latin America segment includes its beverage, food and snack businesses in Latin America. The ESSA segment includes its beverage, food and snack businesses in Europe and Sub-Saharan Africa. The AMENA segment includes its beverage, food and snack businesses in Asia, Middle East and North Africa.

Receive News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings with MarketBeat.com’s FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

three × five =