While PepsiCo Inc(PEP.N) is busy touting the value of its current snacks and drinks portfolio, Wall Street thinks the company should consider more drastic moves -- such as breaking up, or further shaking up its management. At the very least, analysts are looking for an increase in investment next year, as the maker of Pepsi-Cola sodas and Frito-Lay snacks tries to make up the gap in North American drink performance between it and market leader Coca-Cola Co(KO.N). A break-up, such as those being undertaken by Sara Lee Corp (SLE.N) and Kraft Foods Inc (KFT.N), would be one way to increase value for its lagging stock, analysts said. "Theoretically, could they get some benefit (from staying together)? They could, but they just haven't," said Bernstein Research analyst Ali Dibadj. "It's time to fish or cut bait on this one."
PepsiCo, Inc. (PepsiCo) is a global food, snack and beverage company. Shares of PEP fell by 0.5% or $-0.3/share to $60.15. In the past year, the shares have traded as low as $58.50 and as high as $71.89. On average, 10793900 shares of PEP exchange hands on a given day and today's volume is recorded at 5860552.
The Coca-Cola Company is a non-alcoholic beverage company. Shares of KO traded higher by 0.14% or $0.09/share to $65.32. In the past year, the shares have traded as low as $59.01 and as high as $71.77. On average, 11872800 shares of KO exchange hands on a given day and today's volume is recorded at 7287698.
Sara Lee Corporation (Sara Lee) is a global manufacturer and marketer of brand-name products for consumers globally focused primarily on the meats, bakery, beverage and household products categories. Shares of SLE traded higher by 0.19% or $0.03/share to $16.22. In the past year, the shares have traded as low as $14.00 and as high as $20.26. On average, 5911750 shares of SLE exchange hands on a given day and today's volume is recorded at 2860027.
Kraft Foods Inc. (Kraft Foods) manufactures and markets packaged food products, including biscuits, confectionery, beverages, cheese, convenient meals and various packaged grocery products. Shares of KFT fell by 0.06% or $-0.02/share to $32.84. In the past year, the shares have traded as low as $29.80 and as high as $36.30. On average, 12504000 shares of KFT exchange hands on a given day and today's volume is recorded at 7331075.
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