PepsiCo (NASDAQ:PEP) had its target price hoisted by equities research analysts at Susquehanna Bancshares from $137.00 to $140.00 in a research note issued on Monday. The firm presently has a “positive” rating on the stock. Susquehanna Bancshares’ price target indicates a potential upside of 25.08% from the stock’s current price.
Several other brokerages have also commented on PEP. SunTrust Banks began coverage on PepsiCo in a report on Monday, January 29th. They set a “hold” rating and a $125.00 price objective for the company. Credit Suisse Group reiterated a “neutral” rating and set a $124.00 price objective (up previously from $122.00) on shares of PepsiCo in a report on Thursday, February 1st. Stifel Nicolaus reissued a “hold” rating and issued a $120.00 target price on shares of PepsiCo in a research report on Friday, December 22nd. Cowen reissued a “buy” rating and issued a $133.00 target price on shares of PepsiCo in a research report on Tuesday, January 9th. Finally, Deutsche Bank assumed coverage on PepsiCo in a research report on Wednesday, December 13th. They issued a “buy” rating and a $132.00 target price on the stock. One analyst has rated the stock with a sell rating, nine have issued a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $123.77.
Shares of PepsiCo (NASDAQ PEP) traded up $0.75 on Monday, hitting $111.93. The stock had a trading volume of 4,748,655 shares, compared to its average volume of 4,385,643. PepsiCo has a 12-month low of $104.77 and a 12-month high of $122.51. The company has a debt-to-equity ratio of 2.32, a quick ratio of 1.21 and a current ratio of 1.35. The stock has a market cap of $158,113.86, a price-to-earnings ratio of 23.13, a PEG ratio of 2.87 and a beta of 0.62.
WARNING: “PepsiCo (PEP) Price Target Raised to $140.00 at Susquehanna Bancshares” was first published by American Banking News and is the property of of American Banking News. If you are viewing this news story on another site, it was stolen and reposted in violation of international trademark & copyright law. The original version of this news story can be read at https://www.americanbankingnews.com/2018/02/12/pepsico-pep-price-target-raised-to-140-00-at-susquehanna-bancshares.html.
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).
Receive News & Ratings for PepsiCo Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PepsiCo and related companies with MarketBeat.com's FREE daily email newsletter.