Barclays disclosed Yum! Brands (NYSE:YUM), boosting its price target to $92.00 today
- Updated: October 12, 2016
Yesterday Yum! Brands (NYSE:YUM) traded 1.14% higher at $88.25. The company’s 50-day moving average is $89.38 and its 200-day moving average is $85.42. The last closing price is up 4.49% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 2,514,366 shares of the stock were exchanged, down from an average trading volume of 3,258,370
Yum! Brands (NYSE:YUM) had its target bumped up to $92.00 by Barclays in an issued report issued 10/12/2016. The upped price target suggests a potential upside of 0.04% based on the company's last closing price.
Previously on 9/30/2016, Deutsche Bank reported on Yum! Brands (NYSE:YUM) raised the target price from $83.00 to $86.00. At the time, this indicated a possible downside of -0.04%.
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Yum! Brands has a 52 week low of $64.58 and a 52 week high of $91.99 with a P/E ratio of 26.90 The company’s market cap is currently $0.
A total of 20 equity analysts have released a research note on YUM. Four equity analysts rating the company a strong buy, five equity analysts rating the company a buy, fifteen equity analysts rating the company a hold, two equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $88.60.
Brief Synopsis About Yum! Brands (NYSE:YUM)
YUM! Brands, Inc. (YUM) is engaged in restaurant business. The Company develops, operates, franchises and licenses an across the world system of restaurants, which prepare, package and sell a menu of food items, primarily through the three concepts of KFC, Pizza Hut and Taco Bell (the Concepts). YUM operates through four segments: YUM China (China Division), which includes all operations in mainland China; The KFC Division, which includes all operations of the KFC concept outside of China Division; The Pizza Hut Division, which includes all operations of the Pizza Hut concept outside of China Division, and the Taco Bell Division, which includes all operations of the Taco Bell concept. Taco Bell operates in over 20 countries and territories throughout the world. The Company has over 42,000 restaurants in over 130 countries and territories. The Company's three Concepts focus on the chicken, pizza and Mexican-style food categories, respectively.
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