BTIG Analyst affirms Neutral on Yum! Brands, Inc. (YUM)

BTIG analyst Peter Saleh gives his insights on Yum! Brands, Inc. (NYSE:YUM), affirming a Neutral rating without providing a price target.

The analyst believes the company’s Q2 earnings report results were lower than anticipated, yet it still maintains positive stock support due to recent China sales. The analyst is still reviewing YUM’s earnings per share.

According to TipRanks, of the 18 analysts who have rated the company in the past 3 months, 39% gave a Buy rating, 50% gave a Hold rating and 11% gave a Sell rating. The average 12-month price target for the stock is $88.50, marking a 0.43% downside from current levels.

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