Deutsche Bank Reiterates Buy Rating on PepsiCo, Inc. (PEP)
Deutsche Bank reaffirms its Buy rating on PepsiCo with a $168 price target.
Key Points
- Deutsche Bank reiterated its Buy rating on PepsiCo, Inc. (PEP) with a price target of $168 on June 18, 2026.
- PepsiCo shares currently trade near $142.81, with a market cap of approximately $193.5 billion and a P/E ratio of 22.23.
- Insiders including Jennifer Bailey and David Gibbs bought shares in early June 2026, while analysts maintain varied ratings with a consensus Hold.
Deutsche Bank has reiterated its Buy rating on PepsiCo, Inc. (NasdaqGS: PEP) with a price target of $168. This reaffirmation, announced on June 18, 2026, suggests confidence in PepsiCo's stock, which is currently trading around $142.81.
Analysts Set New Price Targets
On June 18, 2026, Deutsche Bank maintained its Buy rating on PepsiCo, setting a price target of $168. This aligns with Piper Sandler, which also maintained a Buy rating with a target of $178 on June 12, 2026. Meanwhile, Bernstein initiated coverage with a Hold rating and a $143 target on the same day. Wells Fargo has maintained a Hold rating, adjusting its target to $150 on June 5, 2026.
Other Institutional Activity in PepsiCo
Several major funds have been active in PepsiCo. BlackRock, Inc. increased its holdings by 273,374 shares, bringing its total to 115.8 million shares valued at about $17.99 billion. JPMorgan Chase & Co significantly boosted its position by 5.2 million shares, ending with 34.8 million shares worth approximately $5.46 billion. Geode Capital Management, LLC added 993,882 shares, raising its total to 34.6 million shares valued at $5.37 billion.
PepsiCo Stock Snapshot
Shares of PepsiCo (NasdaqGS: PEP) are trading near $142.81. The company has a market capitalization of approximately $193.5 billion and a P/E ratio of 22.23. PepsiCo's stock has a 52-week low of $127.60 and a high of $171.48, with a 50-day moving average of $150.54 and a 200-day moving average of $150.28. The company's beta is 0.359, indicating lower volatility compared to the broader market.
Recent Earnings
PepsiCo reported revenue of $95.45 billion, showing a growth of 8.5%. The company's net margin stands at 9.15%, and it boasts a return on equity of 43.88%. The next earnings release is scheduled for July 9, 2026.
Insider Buying and Selling at PepsiCo, Inc.
Insider activity at PepsiCo saw several purchases in early June 2026. Jennifer Bailey, David Gibbs, Susan Diamond, and Daniel Vasella were among those buying shares, with transactions on June 1, 2026, at an average price of $141.52.
About PepsiCo
PepsiCo, Inc., headquartered in Purchase, New York, is a global leader in the consumer defensive sector, specifically in non-alcoholic beverages and convenient foods. The company operates through several segments, including PepsiCo Foods North America and PepsiCo Beverages North America. Led by CEO Ramon Luis Laguarta, PepsiCo employs around 306,000 people worldwide.
Bottom Line
Deutsche Bank's reaffirmation of its Buy rating and $168 price target reflects confidence in PepsiCo's potential. Investors often track such analyst ratings closely, though it's important to note these are backward-looking assessments. With its diversified portfolio and strong market position, PepsiCo remains a significant player in the consumer goods sector.
See Also
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