Pepsico (PEP) has been under a strong bear grip, hence the stock is down -0.66% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.65% in the past 1 week. The stock has risen by 1.18% in the past week indicating that the buyers are active at lower levels, but the stock is down -2.67% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.29% and the 50-Day Moving Average is 1.99%.The 200 Day SMA reached 3.86% Pepsico, Inc. is up 2.53% in the last 3-month period. Year-to-Date the stock performance stands at 7.67%.
Pepsico (PEP) : 7 Wall Street analysts covering Pepsico (PEP) believe that the average level the stock could reach for the short term is $121.29. The maximum price target given is $124 and the minimum target for short term is around $119, hence the standard deviation is calculated at $1.98.
For the current week, the company shares have a recommendation consensus of Buy. Pepsico (NYSE:PEP): stock was range-bound between the intraday low of $104.58 and the intraday high of $105.5 after having opened at $105 on Fridays session. The stock finally closed in the red at $105, a loss of -0.19%. The stock remained in the red for the whole trading day. The total traded volume was 4,934,066 shares. The stock failed to cross $105.5 in Fridays trading. The stocks closing price on Thursday was $105.48.
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.