Today: Yum China (YUMC) Earns Neutral Rating from Analysts at Goldman Sachs Group Inc.

Today: Yum China (YUMC) Earns Neutral Rating from Analysts at Goldman Sachs Group Inc.

Goldman Sachs Group Inc. assumed coverage on shares of Yum China (NASDAQ:YUMC) in a research report sent to investors on Wednesday morning. The firm issued a neutral rating on the stock.

YUMC has been the subject of several other research reports. Morgan Stanley assumed coverage on Yum China in a research report on Tuesday, November 1st. They set an overweight rating and a $32.00 price objective for the company. Oppenheimer Holdings Inc. assumed coverage on Yum China in a research report on Thursday, November 10th. They set an outperform rating and a $33.00 price objective for the company. Sanford C. Bernstein assumed coverage on Yum China in a research report on Friday, November 4th. They set a market perform rating and a $31.00 price objective for the company. Finally, Evercore ISI assumed coverage on Yum China in a research report on Tuesday, November 1st. They set a hold rating 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 stock presently has an average rating of Hold and an average target price of $32.00.

Yum China (NASDAQ:YUMC) opened at 29.45 on Wednesday. Yum China has a 52-week low of $23.79 and a 52-week high of $30.37. The firm’s market cap is $11.28 billion. The company’s 50-day moving average price is $26.41 and its 200-day moving average price is $26.41.

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