Yum! Brands (NYSE:YUM) has been upgraded from Neutral to Outperform in a statement by Credit Suisse earlier today.
- Updated: October 19, 2016
Boasting a price of $86.16, Yum! Brands (NYSE:YUM) traded 1.21% higher on the day. With the last close up 1.79% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Yum! Brands has recorded a 50-day average of $89.10 and a two hundred day average of $85.66. Volume of trade was down over the average, with 1,413,425 shares of YUM changing hands under the typical 3,131,430
Credit Suisse has upgraded Yum! Brands (NYSE:YUM) from Neutral to Outperform in a statement released on 10/19/2016.
On 10/12/2016, Barclays released a statement on Yum! Brands (NYSE:YUM) bumped up the target price from $88.00 to $92.00 that suggested an upside of 0.04%.
With a total market value of $0, Yum! Brands has price-earnings ratio of 26.28 with a one year low of $64.58 and a one year high of $91.99 .
A total of 20 analysts have released a report on Yum! Brands. 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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