Investment Analysts’ Weekly Ratings Changes for Yum! Brands (YUM)
Yum! Brands (NYSE: YUM) was the recipient of a ratings changes during the seven days:
- Yum! Brands had its “outperform” rating reaffirmed by analysts at Oppenheimer. They now have a $82.00 price target on the stock.
- Yum! Brands had its “positive” rating reaffirmed by analysts at Susquehanna. They now have a $76.00 price target on the stock.
- Yum! Brands had its “buy” rating reaffirmed by analysts at UBS AG. They now have a $81.00 price target on the stock.
- Yum! Brands was upgraded by analysts at Credit Agricole from an “outperform” rating to a “buy” rating. They now have a $80.00 price target on the stock, up previously from $76.00.
- Yum! Brands had its “buy” rating reaffirmed by analysts at Bank of America. They wrote, “Third quarter results and the recent 18% increase in Yum’s dividend reinforce our rating, Yum reported 3Q EPS before special items of $0.99, a penny better than our estimate and $0.02 above consensus. Sales were strong in both China (samestore sales up 6%) and the U.S. (blended comps also up 6%) and restaurant level margins exceeded our expectations across operating segments. Yum raised full year EPS guidance for growth of least 13% or at least $3.24, a move we thought the company might have saved for its early December meeting.”
- Yum! Brands had its “overweight” rating reaffirmed by analysts at JPMorgan Chase. They now have a $75.00 price target on the stock.
Yum! Brands, Inc. opened at 70.99 on Thursday. Yum! Brands, Inc. has a 1-year low of $50.60 and a 1-year high of $74.44. The company has a market cap of $32.361 billion and a price-to-earnings ratio of 22.23.
Yum! Brands, Inc. (YUM) is a quick service restaurant company based on number of system units, with approximately 37,000 units in more than 120 countries and territories.
