Yum! Brands (NYSE:YUM) Rating Reaffirmed
In a recent research report distributed to Clients on Wednesday, 2 December, The “Outperform” rating of Yum! Brands (NYSE:YUM) shares was has decided to restate at Oppenheimer, who now has a $88.0 Estimated Target Price on the stock. Oppenheimer’s Estimated Target Price may suggest a possible upside of 18.15% from the current price of the company.
From a total of 19 analysts covering YUM! Brands (NYSE:YUM) stock, 9 rate it a ”Buy”, 1 a “Sell”, and 15 a ”Hold”. This means that 36% of the ratings are positive. The highest target price is $100 while the lowest target price is $68. The mean of all analyst targets is $81.84 with a 22.79% above today’s ($74.76) stock price. YUM! Brands was the topic of 16 analyst reports since July 1, 2015 according to the firm StockzIntelligence Inc. Cowen & Co upgraded shares on December 1 to “Outperform” rating. Barclays Capital maintained shares with “Equal Weight” rating and $73 target share price in a report from an October 7. RBC Capital Markets maintained YUM stock in a recent report from October 21 with “Top Pick” rating. Stifel Nicolaus maintained the rating on October 7. Stifel Nicolaus has a “Buy” rating and a $100 price target on shares. Finally, JP Morgan maintained the stock with “Overweight” rating in a report issued on an October 7.
Approximately shares of stock traded hands. Yum! Brands, Inc. (NYSE:YUM) has declined 13.65% since April 29, 2015 and is downtrending. It has underperformed by 13.45% the S&P500.
Analysts await Yum! Brands, Inc. (NYSE:YUM) to reports earnings on February, 3. They expect $0.73 EPS, up 19.67% or $0.12 from last year’s $0.61 per share. YUM’s profit will be $314.64M for 25.59 P/E if the $0.73 EPS becomes reality. After $1.00 actual EPS reported by Yum! Brands, Inc. for the previous quarter, Wall Street now forecasts -27.00% negative EPS growth.
YUM! Brands, Inc. is engaged in restaurant business. The company has a market cap of $32.23 billion. YUM develops, operates, franchises and licenses a system of both traditional and non-traditional Quick Service Restaurants (QSR), which prepare, package and sell a menu of food items. It has 35.72 P/E ratio. YUM operates in five divisions: YUM China, which includes all activities in mainland China; YUM India, which includes all activities in India, Bangladesh, Nepal and Sri Lanka; The KFC Division, which includes all activities of the KFC concept outside of China Division and India Division; The Pizza Hut Division, which includes all activities of the Pizza Hut concept outside of China Division and India Division; and the Taco Bell Division , which includes all activities of the Taco Bell concept outside of India Division.
According to Zacks Investment Research, “Yum! Brands, Inc. is the world’s largest restaurant company in terms of system units with nearly 38,000 restaurants in over 120 countries and territories. Their brands – KFC, Pizza Hut and Taco Bell – are the global leaders of the chicken, pizza and Mexican-style food categories. The Yum! system includes four operating segments: U.S., International (Yum! Restaurants International), China and India Divisions.” Get a free copy of the Zacks research report on Yum! Brands, Inc. (YUM).