Traders Recap: Pepsico, Inc. (NYSE:PEP) , Fabrinet (NYSE:FN)

Pepsico, Inc. (NYSE:PEP) finalized the last transaction at value of $105.97, with a daily change of +0.26% or +0.28 points. The company maintained volume of 4.01 million shares. In past trading day, the stock hit the maximum price of $106.49 and touched to minimum value of $105.02. It has a market cap of $ 151.98B.

Technical Indicators:

As of last trade close, the stock is trading downside -4.48% from its one year high of $110.94 and moved +10.21% upward from $96.15, which is one year low of the stock.

The 18 analysts offering 12-month price forecasts for Pepsi have a median target of 115.50, with a high estimate of 120.00 and a low estimate of 102.00. The median estimate represents a +8.99% increase from the last price of 105.97.

Analysts covering PEP have assigned a consensus short term price target of $114.25. Analysts are projecting the lower share price forecast of $102 and some analysts are predicting that the stock have a tendency of top estimate of $120. Median price target has been set at $115.5 by analysts.

The stock traded above +1.89% from its 50-day moving average of $104.00. Furthermore, the stock moved up +0.41% to its 200-day MA of $ 105.54.

On 2/9/2017, Shares of Fabrinet (NYSE:FN) closed at $43.92 in last trading day. After noting the initial trading entry at $41.55, it reached to a day’s high of $43.98 and moved to a day’s low of $41.45. The recent daily volume was 1.1 million as contrast to it’s an average volume of 698.49 thousand.

Technical Indicators:

The last close of the Fabrinet stock reflects that it traded up +11.03% from its 50-day moving average of $39.56. The stock traded above +7.73% to its 200-day MA of $40.77. Furthermore, it moved lower -5.55% from its 52-week high of $46.50 and +70.13% up from $25.82, which is 52-week low of the stock.

An average estimate of short term price target for the FN is stands at $54.96 according to the research of Analysts. Median price target has been estimated at $55. The premium price target estimate has been determined at $58 while the discounted price target forecast is fixed at $52.

The current consensus among 6 polled investment analysts is to buy stock in Fabrinet. This rating has held steady since February, when it was unchanged from a buy rating.

Leave a Reply

Your email address will not be published. Required fields are marked *