Oppenheimer Holdings Comments on Yum China’s FY2016 Earnings (YUMC)
Yum China (NASDAQ:YUMC) – Equities research analysts at Oppenheimer Holdings issued their FY2016 earnings per share (EPS) estimates for Yum China in a research report issued to clients and investors on Thursday. Oppenheimer Holdings analyst B. Bittner forecasts that the brokerage will post earnings per share of $1.23 for the year. Oppenheimer Holdings has a “Outperform” rating and a $33.00 price objective on the stock. Oppenheimer Holdings also issued estimates for Yum China’s Q4 2016 earnings at $0.17 EPS, Q1 2017 earnings at $0.44 EPS, Q2 2017 earnings at $0.27 EPS, Q3 2017 earnings at $0.54 EPS, Q4 2017 earnings at $0.21 EPS, FY2017 earnings at $1.45 EPS and FY2018 earnings at $1.68 EPS.
Other analysts have also issued research reports about the stock. Morgan Stanley assumed 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. Sanford C. Bernstein assumed 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. Finally, Evercore ISI assumed coverage on shares of Yum China in a report on Tuesday, November 1st. They set a “hold” rating for the company.
Yum China (NASDAQ:YUMC) opened at 26.98 on Monday. Yum China has a 12-month low of $23.79 and a 12-month high of $30.00. The stock’s 50 day moving average price is $25.62 and its 200 day moving average price is $25.62.
Receive News & Stock Ratings for Yum China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yum China and related stocks with our FREE daily email newsletter.