Pepsico (PEP) has risen sharply, recording gains of 0.36% in the past 4 weeks. However, the stock has corrected -0.24% in the past 1 week, providing a good buying opportunity on dips. Pepsico (PEP) : During the past 4 weeks, traders have been relatively bearish on Pepsico (PEP), hence the stock is down -2.08% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.66% relative to the S&P 500.
Pepsico (NYSE:PEP): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $108.74 and $108.37 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $109.36. The buying momentum continued till the end and the stock did not give up its gains. It closed at $108.66, notching a gain of 0.22% for the day. The total traded volume was 3,189,398 . The stock had closed at $108.42 on the previous day.
The stock has recorded a 20-day Moving Average of 0.16% and the 50-Day Moving Average is 3.01%. Pepsico, Inc. is up 4.3% in the last 3-month period. Year-to-Date the stock performance stands at 10.35%.
Pepsico (PEP) : Currently there are 8 street experts covering Pepsico (PEP) stock. The most bullish and bearish price target for the stock is $124 and $112 respectively for the short term. The average price target of all the analysts comes to $119.5. The estimated standard deviation from the target is $4.17.
PepsiCo, Inc. (PepsiCo) is a global food and beverage company. The Company operates through six segments: Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), Latin America Foods (LAF), which includes its food and snack businesses in Latin America; PepsiCo Americas Beverages (PAB), which includes its North American and Latin American beverage businesses; PepsiCo Europe (Europe), which includes beverage, food and snack businesses in Europe and South Africa, and PepsiCo Asia, Middle East and Africa (AMEA), which includes beverage, food and snack businesses in AMEA, excluding South Africa. Through its operations, bottlers, contract manufacturers and other third-parties, the Company manufactures, markets, distributes and sells a variety of beverages, foods and snacks, serving customers and consumers in more than 200 countries and territories.