Pepsico (NASDAQ:PEP)‘s stock had its “buy” rating restated by stock analysts at Cowen in a report released on Tuesday, January 9th. They currently have a $133.00 price target on the stock. Cowen’s price objective suggests a potential upside of 11.60% from the company’s previous close.
Several other brokerages have also commented on PEP. Stifel Nicolaus restated a “hold” rating and issued a $120.00 price target on shares of Pepsico in a research note on Friday, December 22nd. Deutsche Bank assumed coverage on shares of Pepsico in a research note on Wednesday, December 13th. They issued a “buy” rating and a $132.00 price target on the stock. Zacks Investment Research lowered shares of Pepsico from a “hold” rating to a “sell” rating in a research note on Thursday, January 4th. Wells Fargo & Co raised their price objective on shares of Pepsico from $110.00 to $115.00 and gave the company a “market perform” rating in a research note on Thursday, January 4th. Finally, Jefferies Group reiterated a “hold” rating and set a $113.00 price objective on shares of Pepsico in a research note on Thursday, January 4th. One research analyst has rated the stock with a sell rating, eight have given a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $123.18.
Shares of Pepsico (PEP) opened at $119.18 on Tuesday. The firm has a market cap of $169,490.00, a PE ratio of 24.62, a P/E/G ratio of 3.03 and a beta of 0.68. Pepsico has a 12 month low of $101.06 and a 12 month high of $120.57. The company has a debt-to-equity ratio of 2.32, a quick ratio of 1.21 and a current ratio of 1.35.
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Pepsico Company Profile
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).
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