Yum China (YUMC) Coverage Initiated by Analysts at Oppenheimer Holdings Inc.
Research analysts at Oppenheimer Holdings Inc. started coverage on shares of Yum China (NASDAQ:YUMC) in a report released on Thursday. The firm set an “outperform” rating and a $33.00 price target on the stock. Oppenheimer Holdings Inc.’s price objective points to a potential upside of 26.92% from the stock’s previous close.
Several other research analysts have also recently issued reports on the stock. Evercore ISI assumed coverage on shares of Yum China in a report on Tuesday, November 1st. They issued a “hold” rating for the company. Morgan Stanley initiated coverage on shares of Yum China in a report on Tuesday, November 1st. They set an “overweight” rating and a $32.00 price objective for the company. Finally, Sanford C. Bernstein initiated coverage on shares of Yum China in a report on Friday, November 4th. They set a “market perform” rating and a $31.00 price objective for the company.
Yum China (NASDAQ:YUMC) opened at 26.00 on Thursday. Yum China has a 52-week low of $23.79 and a 52-week high of $30.00. The stock’s 50 day moving average is $25.51 and its 200-day moving average is $25.51.
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