PepsiCo (NYSE:PEP – Get Rating) had its price objective upped by research analysts at Guggenheim from $188.00 to $193.00 in a note issued to investors on Wednesday, Stock Target Advisor reports. Guggenheim’s price target points to a potential upside of 10.22% from the company’s previous close.
Separately, StockNews.com began coverage on shares of PepsiCo in a research report on Thursday, March 31st. They issued a “buy” rating on the stock.
PEP traded up $1.80 during midday trading on Wednesday, reaching $175.10. The company had a trading volume of 81,646 shares, compared to its average volume of 5,522,975. PepsiCo has a 12-month low of $141.73 and a 12-month high of $177.24.
PepsiCo, Inc 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.
- Get a free copy of the StockNews.com research report on PepsiCo (PEP)
- The Kraft Heinz Turnaround Story Gains Momentum
- Microsoft (NASDAQ: MSFT) Saves The Day, For Now
- Las Vegas Sands Stock Could be a Winning Bet Down Here
- Newmont Corporation is the Same as It’s Always Been Which is Why It’s a Buy
- Simpson Manufacturing Co. Hits The Nail On The Head, Again
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.