Citigroup Reconfirmed WPP Group PLC (LON:WPP)’s Buy Rating; Fairfield Bush & Company Lifted Pepsico (PEP) Position By $313,922

WPP plc (LON:WPP) Logo

In a research note revealed to clients and investors by Citigroup on 18 May, WPP Group PLC (LON:WPP) stock Buy was reiterated.

Fairfield Bush & Company increased Pepsico Inc. (PEP) stake by 4.48% reported in 2017Q4 SEC filing. Fairfield Bush & Company acquired 2,638 shares as Pepsico Inc. (PEP)’s stock declined 9.24%. The Fairfield Bush & Company holds 61,457 shares with $7.37M value, up from 58,819 last quarter. Pepsico Inc. now has $138.84 billion valuation. The stock increased 0.75% or $0.73 during the last trading session, reaching $97.92. About 4.29M shares traded. PepsiCo, Inc. (NYSE:PEP) has declined 3.75% since May 18, 2017 and is downtrending. It has underperformed by 15.30% the S&P500.

More notable recent PepsiCo, Inc. (NASDAQ:PEP) news were published by: Seekingalpha.com which released: “Bert’s Recent Buy: PepsiCo” on May 06, 2018, also Seekingalpha.com with their article: “Adding Pepsi At 52-Week Lows” published on May 14, 2018, Seekingalpha.com published: “Recent Purchase: PepsiCo” on April 27, 2018. More interesting news about PepsiCo, Inc. (NASDAQ:PEP) were released by: Seekingalpha.com and their article: “PepsiCo reaffirms full-year profit guidance” published on April 26, 2018 as well as Seekingalpha.com‘s news article titled: “Consumer Staples An Epic Underperformer” with publication date: May 15, 2018.

Investors sentiment decreased to 0.86 in 2017 Q4. Its down 0.08, from 0.94 in 2017Q3. It dropped, as 63 investors sold PEP shares while 712 reduced holdings. 122 funds opened positions while 542 raised stakes. 958.76 million shares or 0.63% less from 964.87 million shares in 2017Q3 were reported. Moreover, Wilbanks Smith And Thomas Asset Ltd Limited Liability Company has 0.75% invested in PepsiCo, Inc. (NASDAQ:PEP) for 78,901 shares. Moreover, Levin Strategies LP has 0.01% invested in PepsiCo, Inc. (NASDAQ:PEP) for 3,737 shares. Dynamic Advsrs Solutions Limited Liability Company reported 0.14% stake. Ing Groep Nv has 119,449 shares. 89,378 were accumulated by Noesis Cap Mangement Corp. Thompson Rubinstein Investment Management Or holds 54,665 shares or 2.16% of its portfolio. The Massachusetts-based Eastern State Bank has invested 0.35% in PepsiCo, Inc. (NASDAQ:PEP). Signaturefd Limited Com invested in 0.25% or 17,348 shares. Northstar Gp has 22,344 shares for 1.41% of their portfolio. Twin Mngmt owns 1.1% invested in PepsiCo, Inc. (NASDAQ:PEP) for 186,270 shares. 352,686 are owned by Caisse De Depot Et Placement Du Quebec. Osborne Prns Capital Management Ltd Llc invested in 92,361 shares. Allsquare Wealth Llc has invested 0.4% in PepsiCo, Inc. (NASDAQ:PEP). Invesco Ltd holds 3.23 million shares or 0.14% of its portfolio. Everence Capital Mgmt owns 34,372 shares or 0.9% of their US portfolio.

Among 22 analysts covering PepsiCo (NYSE:PEP), 8 have Buy rating, 1 Sell and 13 Hold. Therefore 36% are positive. PepsiCo has $140.0 highest and $81 lowest target. $116.24’s average target is 18.71% above currents $97.92 stock price. PepsiCo had 69 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Friday, June 30 with “Hold”. The firm has “Buy” rating given on Wednesday, October 7 by UBS. The firm has “Buy” rating given on Friday, April 28 by Credit Suisse. The rating was downgraded by Jefferies to “Hold” on Monday, October 2. Wells Fargo maintained the stock with “Hold” rating in Thursday, January 4 report. As per Friday, February 26, the company rating was downgraded by Sterne Agee CRT. The firm earned “In-Line” rating on Wednesday, February 14 by Evercore. The firm has “Buy” rating given on Tuesday, July 21 by Sterne Agee CRT. The firm earned “Overweight” rating on Tuesday, March 21 by JP Morgan. JP Morgan maintained the shares of PEP in report on Wednesday, February 14 with “Overweight” rating.

Among 25 analysts covering WPP Group PLC (LON:WPP), 14 have Buy rating, 0 Sell and 11 Hold. Therefore 56% are positive. WPP Group PLC has GBX 2250 highest and GBX 1 lowest target. GBX 1597.88’s average target is 20.87% above currents GBX 1322 stock price. WPP Group PLC had 335 analyst reports since July 27, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Monday, July 17 by Deutsche Bank. The rating was maintained by BNP Paribas with “Outperform” on Tuesday, November 1. Numis Securities maintained the shares of WPP in report on Monday, April 16 with “Add” rating. Liberum Capital maintained the stock with “Buy” rating in Monday, April 30 report. Liberum Capital maintained WPP plc (LON:WPP) rating on Wednesday, March 8. Liberum Capital has “Buy” rating and GBX 2000 target. Macquarie Research maintained WPP plc (LON:WPP) on Monday, June 12 with “Outperform” rating. Deutsche Bank maintained the shares of WPP in report on Monday, March 6 with “Buy” rating. The rating was maintained by Beaufort Securities on Tuesday, September 1 with “Buy”. The stock has “Outperform” rating by Credit Suisse on Monday, March 6. The stock has “Hold” rating by Liberum Capital on Tuesday, January 3.

The stock decreased 0.15% or GBX 2 during the last trading session, reaching GBX 1322. About 612,595 shares traded. WPP plc (LON:WPP) has 0.00% since May 18, 2017 and is . It has underperformed by 11.55% the S&P500.

WPP plc provides various communications services worldwide. The company has market cap of 16.54 billion GBP. The firm operates through four divisions: Advertising and Media Investment Management; Data Investment Management; Public Relations & Public Affairs; and Branding & Identity, Healthcare and Specialist Communications. It has a 9.28 P/E ratio. The Advertising and Media Investment Management segment provides advertising services; and media planning and buying, and specialist sponsorship, and branded entertainment services.

PepsiCo, Inc. (NASDAQ:PEP) Institutional Positions Chart