Yum! Brands (YUM) has been rated by 14 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $100 and the lowest price target forecast is $80. The average forecast of all the analysts is $88.64 and the expected standard deviation is $6.43.
Yum! Brands (YUM) stated loss of 63,843 shares or 0.7% in the short interest. The short interest registered from 9,401,664 on June 15,2016 to 9,337,821 on June 30,2016. In terms of floated shares, the shorted positions stood at 2.3%. The stock has been averaging 3,307,825 shares daily in trading and would need 3 days to cover the shorts. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.
Also, Major Brokerage house, Bernstein assumes its ratings on Yum! Brands (NYSE:YUM). According to the latest information available, the shares are now rated Outperform by the analysts at the agency. The rating by the firm was issued on May 26, 2016.
Yum! Brands (NYSE:YUM): stock turned positive on Thursday. Though the stock opened at $90.05, the bulls momentum made the stock top out at $90.6 level for the day. The stock recorded a low of $87.86 and closed the trading day at $88.27, in the green by 2.95%. The total traded volume for the day was 10,548,122. The stock had closed at $85.74 in the previous days trading.
YUM! Brands, Inc. (YUM) is engaged in restaurant business. 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. YUM operates in five segments: YUM China, which includes all operations in mainland China; YUM India, which includes all operations in India, Bangladesh, Nepal and Sri Lanka; The KFC Division, which includes all operations of the KFC concept outside of China Division and India Division; The Pizza Hut Division, which includes all operations of the Pizza Hut concept outside of China Division and India Division; and the Taco Bell Division , which includes all operations of the Taco Bell concept outside of India Division. Its three Concepts focus on the chicken, pizza and Mexican-style food categories. The Company operates approximately 41,000 restaurants in approximately 125 countries and territories.