Today: Yum China (YUMC) Given Average Rating of “Hold” by Brokerages

Today: Yum China (YUMC) Given Average Rating of “Hold” by Brokerages

Yum China (NASDAQ:YUMC) has earned an average recommendation of “Hold” from the six brokerages that are presently covering the company. One analyst has rated the stock with a sell recommendation, three have given a hold recommendation and two have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $31.50.

Several brokerages recently weighed in on YUMC. Morgan Stanley began coverage on shares of Yum China in a research report on Tuesday, November 1st. They issued an “overweight” rating and a $32.00 price target on the stock. Evercore ISI began coverage on shares of Yum China in a research note on Tuesday, November 1st. They issued a “hold” rating for the company. Goldman Sachs Group Inc. began coverage on shares of Yum China in a research note on Wednesday, November 23rd. They issued a “neutral” rating for the company. CLSA began coverage on shares of Yum China in a research note on Monday. They issued an “underperform” rating and a $30.00 price objective for the company. Finally, Sanford C. Bernstein began 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.

Shares of Yum China (NASDAQ:YUMC) traded down 2.72% during midday trading on Monday, hitting $28.65. The company had a trading volume of 2,351,261 shares. Yum China has a 12-month low of $23.79 and a 12-month high of $30.37. The company’s market capitalization is $10.98 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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