Pepsico with ticker code (PEP) have now 18 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 200 and 165 with a mean TP of 182.03. With the stocks previous close at 168.6 this would imply there is a potential upside of 8.0%. The 50 day moving average now sits at 173.28 and the 200 day MA is 169.68. The company has a market cap of $232,571m. Company Website: https://www.pepsico.com
The potential market cap would be $251,097m based on the market concensus.
PepsiCo manufactures, markets, distributes, and sells various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region. It provides dips, cheese-flavored snacks, and spreads, as well as corn, potato, and tortilla chips; cereals, rice, pasta, mixes and syrups, granola bars, grits, oatmeal, rice cakes, simply granola, and side dishes; beverage concentrates, fountain syrups, and finished goods; ready-to-drink tea, coffee, and juices; dairy products; and sparkling water makers and related products. It serves wholesale and other distributors, foodservice customers, grocery stores, drug stores, convenience stores, discount/dollar stores, mass merchandisers, membership stores, hard discounters, e-commerce retailers and authorized independent bottlers, and others through a network of direct-store-delivery, customer warehouse, and distributor networks, as well as directly to consumers through e-commerce platforms and retailers. The company was founded in 1898 and is headquartered in Purchase, New York.
