PepsiCo Receives a Hold from Susquehanna

Susquehanna analyst Pablo Zuanic reiterated a Hold rating on PepsiCo (NYSE: PEP) yesterday and set a price target of $118. The company’s shares opened today at $105.35.

According to TipRanks.com, Zuanic is a 4-star analyst with an average return of 3.8% and a 58.9% success rate. Zuanic covers the Consumer Goods sector, focusing on stocks such as Constellation Brands Inc, Anheuser-Busch Inbev Sa, and Mondelez International.

PepsiCo has an analyst consensus of Moderate Buy, with a price target consensus of $118.

PepsiCo’s market cap is currently $153.5B and has a P/E ratio of 23.45. The company has a book value ratio of 12.0421.

Based on the recent corporate insider activity of 58 insiders, corporate insider sentiment is negative on the stock. Most recently, in July 2016, Mehmood Khan, the EVP & CSO, Global R&D of PEP sold 51,137 shares for a total of $5,486,872.

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