PepsiCo, Inc. (PEP) Reported Q4 Results That Beat Expectations

They now have a $115.00 price target on the stock. This rating was issued on 1/09/17. The Closing price before the company posted its earnings was $106.58. Before Earnings Announcement on 04/18/2016, the firm had its stock price of $101.52. These analysts and investment firms use various valuation methods to decide a price target for a stock. A Vice Chair, EVP, CSO, Global R&D at Pepsico, Inc. The original version of this report can be viewed at https://www.chaffeybreeze.com/2017/02/16/credit-suisse-group-reaffirms-buy-rating-for-pepsico-inc-pep.html. The stock presently has a consensus rating of "Buy" and a consensus target price of $113.40. Zacks Investment Research raised Pepsico from a "hold" rating to a "buy" rating and set a $116.00 price target on the stock in a research note on Monday, November 14th. Goldman Sachs Maintains Pepsico, Inc. Additionally, PEP had a day price range of $105.67 to $107. Piershale Financial Group Inc. boosted its position in shares of Pepsico by 0.4% in the third quarter. They set an "equal weight" rating and a $102.00 price target on the stock. Finally, UBS Asset Management Americas Inc. increased its stake in shares of Pepsico by 2.2% in the third quarter. One quarter earlier, revenue for the stock was at $15.4 billion, with earnings at $1.35/share. This scale runs from 1 to 5 where 1 represents Strong Buy and 5 represents Sell.

By Looking at Earnings History, Out of 12 Quarters when the Earnings were reported, Pepsico, Inc. Bank of America Corporation restated a "buy" rating and set a $120.00 price target on shares of Pepsico in a report on Thursday, September 22nd.

A number of research analysts have recently issued reports on PEP shares. "(PEP)" was published by Chaffey Breeze and is the property of of Chaffey Breeze. On average, equities analysts predict that Pepsico will post $4.80 earnings per share for the current year. The Stock has a 52-Week High of $110.94 and 52-Week Low of $97.54 following the dates, it touched its 52-Week High on Jul 14, 2016 and 52-Week Low on Mar 2, 2016. The company has a 1 Year high price target of $115.14. The Moving Average SMA50 is 2.88% while SMA200 is 2.57%. Thus showing a Surprise of 9.9 percent. The stock now shows its YTD (Year to Date) performance of 2.19 percent while its Weekly performance value is 1.24%.

PepsiCo's fourth-quarter revenue increased but profit fell and global beverages sales were only up slightly as the market for sugary drinks continues to sag amid a trend toward healthy living.

Net revenue in the North American beverages segment, PepsiCo's largest market, increased 8% in Q4, and volume rose 1%.

The stock now has its Annual Dividend of $3.01 and an annual Dividend Yield of 2.82 Percent.

Pepsico, Inc. (NYSE:PEP) is trading up 12.55% versus 12-month low of 94.99 and stands -2.22% lower from its 1-year peak of $109.35.

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