In a report released yesterday, Emily Lee from Nomura maintained a Buy rating on Yum China Holdings (YUMC), with a price target of $61.90. The company’s shares closed last Thursday at $54.22.
Currently, the analyst consensus on Yum China Holdings is a Strong Buy with an average price target of $63.09, representing a 15.8% upside. In a report released yesterday, Jefferies also maintained a Buy rating on the stock with a $63.10 price target.
See today’s analyst top recommended stocks >>
Based on Yum China Holdings’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1.9 billion and net profit of $132 million. In comparison, last year the company earned revenue of $2.12 billion and had a net profit of $178 million.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Yum China Holdings, Inc. engages in the operation and management of restaurants and fast food chains. It operates through the following segments: Kentucky Fried Chicken (KFC), Pizza Hut, and All Other Segments. The Pizza Hut segment covers the Pizza Hut casual dining and Pizza Hut home service. The All Other Segments segment includes East Dawning, Little Sheep, Taco Bell, and Daojia. The company was founded on April 1, 2016 and is headquartered in Shanghai, China.
Read More on YUMC:
