Yum! Brands Given Average Rating of “Hold” by Brokerages (NYSE:YUM)
Shares of Yum! Brands (NYSE:YUM) have received a consensus rating of “Hold” from the eighteen ratings firms that are currently covering the company, AnalystRatings.Net reports. Nine analysts have rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $80.41.
YUM has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Yum! Brands in a research note on Tuesday. They now have a $76.00 price target on the stock. Separately, 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. Finally, 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.
Yum! Brands (NYSE:YUM) opened at 72.43 on Tuesday. Yum! Brands has a 52-week low of $64.08 and a 52-week high of $83.58. The stock has a 50-day moving average of $73. and a 200-day moving average of $75.92. The company has a market cap of $31.844 billion and a P/E ratio of 27.42.
Yum! Brands (NYSE:YUM) last released its earnings data on Wednesday, July 16th. The company reported $0.73 EPS for the quarter, beating the Thomson Reuters 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 prior year, the company posted $0.56 earnings per share. The company’s quarterly revenue was up 10.3% on a year-over-year basis. Analysts expect that Yum! Brands will post $3.58 EPS 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.