Pepsico (NASDAQ:PEP)‘s stock had its “buy” rating reiterated by investment analysts at Cowen in a report issued on Tuesday. They currently have a $133.00 price target on the stock. Cowen’s price target indicates a potential upside of 12.72% from the stock’s previous close.
A number of other research firms have also recently commented on PEP. Zacks Investment Research raised shares of Pepsico from a “hold” rating to a “buy” rating and set a $131.00 target price for the company in a research note on Monday, December 4th. Susquehanna Bancshares reissued a “buy” rating and set a $135.00 target price on shares of Pepsico in a research note on Monday, October 2nd. Credit Suisse Group reissued a “hold” rating and set a $122.00 target price (down previously from $124.00) on shares of Pepsico in a research note on Thursday, October 5th. Wells Fargo & Co boosted their target price on shares of Pepsico from $110.00 to $115.00 and gave the stock a “market perform” rating in a research note on Thursday, January 4th. Finally, Jefferies Group cut shares of Pepsico from a “buy” rating to a “hold” rating and cut their target price for the stock from $133.00 to $108.00 in a research note on Monday, October 2nd. One analyst has rated the stock with a sell rating, eight have issued a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $123.18.
Pepsico (NASDAQ PEP) opened at $117.99 on Tuesday. Pepsico has a fifty-two week low of $101.06 and a fifty-two week high of $120.57. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.35 and a quick ratio of 1.21. The firm has a market cap of $167,800.00, a price-to-earnings ratio of 24.38, a price-to-earnings-growth ratio of 3.11 and a beta of 0.68.
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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