PepsiCo (PEP) Given New $140.00 Price Target at Susquehanna Bancshares
PepsiCo (NASDAQ:PEP) had its price target upped by stock analysts at Susquehanna Bancshares from $137.00 to $140.00 in a research report issued on Monday. The brokerage currently has a “positive” rating on the stock. Susquehanna Bancshares’ price objective indicates a potential upside of 25.92% from the company’s current price.
A number of other equities research analysts have also issued reports on the company. Credit Suisse Group reiterated a “neutral” rating and issued a $124.00 price target (up previously from $122.00) on shares of PepsiCo in a research note on Thursday, February 1st. SunTrust Banks began coverage on PepsiCo in a research note on Monday, January 29th. They issued a “hold” rating and a $125.00 price target for the company. BidaskClub lowered PepsiCo from a “buy” rating to a “hold” rating in a research note on Thursday, January 11th. Cowen reiterated a “buy” rating and issued a $133.00 price target on shares of PepsiCo in a research note on Tuesday, January 9th. Finally, Jefferies Group reiterated a “hold” rating and issued a $113.00 price target on shares of PepsiCo in a research note on Thursday, January 4th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. PepsiCo has a consensus rating of “Hold” and a consensus target price of $123.77.
Shares of PepsiCo (NASDAQ PEP) traded up $1.03 during trading on Monday, reaching $111.18. The company had a trading volume of 5,301,000 shares, compared to its average volume of 4,224,141. PepsiCo has a one year low of $104.77 and a one year high of $122.51. The company has a market cap of $158,113.86, a PE ratio of 22.97, a P/E/G ratio of 2.87 and a beta of 0.62. The company has a current ratio of 1.35, a quick ratio of 1.21 and a debt-to-equity ratio of 2.32.
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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