Yum China (YUMC) Now Covered by CLSA
Investment analysts at CLSA initiated coverage on shares of Yum China (NASDAQ:YUMC) in a note issued to investors on Monday. The firm set an “underperform” rating and a $30.00 price target on the stock. CLSA’s target price would indicate a potential upside of 4.93% from the company’s previous close.
Other equities research analysts have also recently issued reports about the company. Oppenheimer Holdings Inc. began coverage on Yum China in a report on Thursday, November 10th. They issued an “outperform” rating and a $33.00 target price for the company. Goldman Sachs Group Inc. began coverage on Yum China in a report on Wednesday, November 23rd. They issued a “neutral” rating for the company. Morgan Stanley began coverage on Yum China in a report on Tuesday, November 1st. They issued an “overweight” rating and a $32.00 target price for the company. Sanford C. Bernstein began coverage on Yum China in a report on Friday, November 4th. They issued a “market perform” rating and a $31.00 target price for the company. Finally, Evercore ISI began coverage on Yum China in a report on Tuesday, November 1st. They issued a “hold” rating for the company. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $31.50.
Yum China (NASDAQ:YUMC) opened at 28.59 on Monday. The stock’s 50 day moving average price is $26.48 and its 200 day moving average price is $26.48. The company’s market capitalization is $10.95 billion. Yum China has a one year low of $23.79 and a one year high of $30.37.
COPYRIGHT VIOLATION NOTICE: “Yum China (YUMC) Now Covered by CLSA” was published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are viewing this story on another publication, it was copied illegally and republished in violation of U.S. & international copyright law. The correct version of this story can be read at https://www.thecerbatgem.com/2016/11/30/yum-china-yumc-now-covered-by-clsa.html.
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.