In a report released today, Brian Bittner from Oppenheimer reiterated a Buy rating on Yum! Brands (YUM), with a price target of $108.00. The company’s shares closed last Thursday at $95.11.
According to TipRanks.com, Bittner is a 5-star analyst with an average return of 9.9% and a 68.5% success rate. Bittner covers the Services sector, focusing on stocks such as Restaurant Brands International, Papa John’s International, and Yum China Holdings.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Yum! Brands with a $101.18 average price target, representing a 4.0% upside. In a report issued on October 14, Morgan Stanley also maintained a Buy rating on the stock with a $113.00 price target.
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Yum! Brands’ market cap is currently $30.53B and has a P/E ratio of 29.50. The company has a Price to Book ratio of -3.26.
Based on the recent corporate insider activity of 50 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of YUM in relation to earlier this year.
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! Brands, Inc. operates as a service restaurant company, which engages in the development, operation, franchise, and licenses a system of restaurants. It operates through the following segments: KFC Division, Pizza Hut Division, and Taco Bell Division. The KFC Division segment comprises of all operations of the KFC concept. The Pizza Hut Division segment operates the Pizza Hut concept. The Taco Bell Division segment includes all operations of the Taco Bell concept. The company was founded in 1997 and is headquartered in Louisville, KY.
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