Yum! Brands (YUM) : 20 analysts are covering Yum! Brands (YUM) and their average rating on the stock is 2.2, which is read as a Buy. 8 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Yum! Brands (YUM) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. 1 more analyst has given the stock a Sell recommendation. A total of 10 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Yum! Brands (YUM) : Average target price received by Yum! Brands (YUM) is $92.33 with an expected standard deviation of $5.31. The most aggressive target on the stock is $100, whereas the most downbeat target is $83. 15 financial analysts are currently covering the stock.
Also, Major Brokerage house, Citigroup maintains its ratings on Yum! Brands (NYSE:YUM). In the latest research report, Citigroup raises the target price from $88 per share to $96 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on September 9, 2016.
Yum! Brands (NYSE:YUM): After opening at $86.6, the stock dipped to an intraday low of $86.26 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $87.94 and the buying power remained strong till the end. The stock closed at $87.79 for the day, a gain of 0.99% for the day session. The total traded volume was 3,051,241. The stocks close on the previous trading day was $86.93.
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.