Analysts Set Yum China (YUMC) PT at $31.50
Yum China (NASDAQ:YUMC) has earned an average recommendation of “Hold” from the six brokerages that are currently covering the stock. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $31.50.
YUMC has been the topic of a number of recent analyst reports. Evercore ISI initiated coverage on Yum China in a research report on Tuesday, November 1st. They set a “hold” rating on the stock. Morgan Stanley initiated coverage on Yum China in a research report on Tuesday, November 1st. They set an “overweight” rating and a $32.00 price target on the stock. Sanford C. Bernstein initiated coverage on Yum China in a research report on Friday, November 4th. They set a “market perform” rating and a $31.00 price target on the stock. Oppenheimer Holdings Inc. initiated coverage on Yum China in a research report on Thursday, November 10th. They set an “outperform” rating and a $33.00 price target on the stock. Finally, Goldman Sachs Group Inc. initiated coverage on Yum China in a report on Wednesday, November 23rd. They set a “neutral” rating for the company.
Shares of Yum China (NASDAQ:YUMC) opened at 28.12 on Monday. Yum China has a 12-month low of $23.79 and a 12-month high of $30.37. The company’s 50-day moving average price is $26.55 and its 200-day moving average price is $26.55. The firm’s market capitalization is $10.77 billion.
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About Yum China
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