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MarketScreener Homepage  >  Equities  >  Nasdaq  >  PepsiCo, Inc.    PEP

PEPSICO, INC.

(PEP)
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Pepsi joining Facebook ad boycott, FOX Business Network reports

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06/28/2020 | 07:19pm EDT
FILE PHOTO: Cans of Pepsi are pictured at a grocery store in Pasadena

PepsiCo Inc will stop advertising on Facebook Inc, FOX Business Network reported https://www.foxbusiness.com/markets/pepsi-facebook-ad-boycott on Sunday, citing sources.

The halt on advertising will run through July and August, the report said. Sources described the move as a "global boycott" on placing Facebook ads, the report said.

PepsiCo did not immediately respond to a request for comment from Reuters.

The food and beverage company joins a growing number of companies pulling ad dollars from Facebook, including ice-cream maker Ben & Jerry's and Unilever PLC.

(This story has been refiled to fix outlet's title)

(Reporting by Juby Babu in Bengaluru; Editing by Daniel Wallis)

Stocks mentioned in the article
ChangeLast1st jan.
FACEBOOK -0.83% 237.5101 Delayed Quote.17.07%
PEPSICO, INC. 0.17% 133.89 Delayed Quote.-2.18%
UNILEVER N.V. -0.93% 47.01 Delayed Quote.-7.38%
UNILEVER PLC -0.55% 4324 Delayed Quote.-0.06%
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Financials (USD)
Sales 2020 67 892 M - -
Net income 2020 7 161 M - -
Net Debt 2020 33 265 M - -
P/E ratio 2020 25,9x
Yield 2020 2,99%
Capitalization 185 B 185 B -
EV / Sales 2019
EV / Sales 2020 3,22x
Nbr of Employees 267 000
Free-Float 74,1%
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Technical analysis trends PEPSICO, INC.
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 23
Average target price 146,63 $
Last Close Price 133,69 $
Spread / Highest target 22,7%
Spread / Average Target 9,68%
Spread / Lowest Target -2,76%
EPS Revisions
Managers
NameTitle
Ramon Luis Laguarta Chairman & Chief Executive Officer
Hugh F. Johnston Vice Chairman, Chief Financial Officer & EVP
Rene Lammers Chief Science Officer
Seth Cohen Chief Information Officer & Senior Vice President
Daniel Lucius Vasella Independent Director
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