Yum! Brands Given Consensus Rating of “Hold” by Brokerages (NYSE:YUM)
Yum! Brands (NYSE:YUM) has received an average rating of “Hold” from the eighteen analysts that are covering the stock, American Banking & Market News reports. Nine investment analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $80.71.
A number of research firms have recently commented on YUM. Analysts at Stifel Nicolaus reiterated a “buy” rating on shares of Yum! Brands in a research note on Thursday, July 31st. They now have a $110.00 price target on the stock, down previously from $112.00. Separately, analysts at RBC Capital reiterated a “top pick” rating on shares of Yum! Brands in a research note on Thursday, July 31st. They now have a $85.00 price target on the stock, down previously from $94.00. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Yum! Brands in a research note on Thursday, July 31st. They now have a $78.00 price target on the stock, down previously from $90.00.
Shares of Yum! Brands (NYSE:YUM) traded up 0.05% on Tuesday, hitting $72.81. 1,522,884 shares of the company’s stock traded hands. Yum! Brands has a 52-week low of $64.08 and a 52-week high of $83.58. The stock’s 50-day moving average is $74.61 and its 200-day moving average is $75.97. The company has a market cap of $32.011 billion and a P/E ratio of 27.60.
Yum! Brands (NYSE:YUM) last announced its earnings results on Wednesday, July 16th. The company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.01. The company had revenue of $3.20 billion for the quarter, compared to the consensus estimate of $3.23 billion. During the same quarter in the previous year, the company posted $0.56 earnings per share. The company’s revenue for the quarter was up 10.3% on a year-over-year basis. On average, analysts predict that Yum! Brands will post $3.58 earnings per share for the current fiscal year.
YUM! Brands, Inc (NYSE:YUM) is a quick service restaurant company based on number of system units, with over 39,000 units in more than 125 countries and territories.
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