StockNews.com lowered shares of PepsiCo (NYSE:PEP – Get Rating) from a buy rating to a hold rating in a research note published on Tuesday.
PepsiCo Stock Down 0.5 %
Shares of PEP stock opened at $172.64 on Tuesday. PepsiCo has a twelve month low of $153.37 and a twelve month high of $186.84. The stock has a market capitalization of $237.77 billion, a P/E ratio of 26.93 and a beta of 0.53. The company has a fifty day moving average price of $174.64.
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PepsiCo Company Profile
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PepsiCo, Inc engages in the manufacture, marketing, distribution, and sale of beverages, food, and snacks. It operates through the following business segments: Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), PepsiCo Beverages North America (PBNA), Latin America (LatAm), Europe, Africa, Middle East, and South Asia (AMESA), and Asia Pacific, Australia and New Zealand, and China Region (APAC).
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