Today, Yum China (YUMC) Now Covered by Goldman Sachs Group Inc.

Today, Yum China (YUMC) Now Covered by Goldman Sachs Group Inc.

Investment analysts at Goldman Sachs Group Inc. initiated coverage on shares of Yum China (NASDAQ:YUMC) in a research note issued on Wednesday. The brokerage set a “neutral” rating on the stock.

Other equities research analysts have also issued research reports about the stock. Evercore ISI initiated coverage on shares of Yum China in a research note on Tuesday, November 1st. They issued a “hold” rating for the company. Sanford C. Bernstein initiated coverage on shares of Yum China in a research note on Friday, November 4th. They issued a “market perform” rating and a $31.00 price objective for the company. Oppenheimer Holdings Inc. initiated coverage on shares of Yum China in a research note on Thursday, November 10th. They issued an “outperform” rating and a $33.00 price objective for the company. Finally, Morgan Stanley initiated coverage on shares of Yum China in a research note on Tuesday, November 1st. They issued an “overweight” rating and a $32.00 price objective for the company. Three equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $32.00.

Yum China (NASDAQ:YUMC) opened at 29.79 on Wednesday. Yum China has a 1-year low of $23.79 and a 1-year high of $30.37. The company has a 50-day moving average price of $26.30 and a 200-day moving average price of $26.30. The firm’s market capitalization is $11.41 billion.

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