Follow The Ratings: CLSA Initiates “Underperform” Rating, $30.00 Price Target On Yum China (NYSE:YUMC)

November 28, 2016 - By Winifred Garcia

Follow The Ratings: CLSA Initiates

Why CLSA Gives Yum China (NYSE:YUMC) $30.00 Price Target

Analysts at CLSA has initiated coverage on shares of Yum China (NYSE:YUMC) in a a note sent to investors on 28 November. The company set a “Underperform” rating on the $10.86 billion market cap company.

About 2.25 million shares traded hands. Yum China Holdings Inc (NYSE:YUMC) has risen 6.00% since October 29, 2016 and is uptrending. It has underperformed by 0.01% the S&P500.

Yum China Holdings, Inc. is a restaurant firm with approximately 7,200 restaurants. The company has a market cap of $10.86 billion. The Company’s restaurant base consists of restaurant brands, including KFC, Pizza Hut Casual Dining, Pizza Hut Home Service, East Dawning and Little Sheep. It has a 28.52 P/E ratio. The Company’s divisions are KFC, Pizza Hut Casual Dining and All Other Segments, which include Pizza Hut Home Service, East Dawning and Little Sheep.

According to Zacks Investment Research, “Yum China Holdings, Inc. is a licensee of Yum! Brands primarily in mainland China. The company have rights to KFC, China’s quick-service restaurant concept, Pizza Hut, casual dining restaurant brand and Taco Bell. Yum China Holdings, Inc. is based in Shanghai, China.”

YUMC Company Profile

Yum China Holdings, Inc. is a restaurant firm with approximately 7,200 restaurants. The Company’s restaurant base consists of restaurant brands, including KFC, Pizza Hut Casual Dining, Pizza Hut Home Service, East Dawning and Little Sheep. The Company’s divisions are KFC, Pizza Hut Casual Dining and All Other Segments, which include Pizza Hut Home Service, East Dawning and Little Sheep.

More important recent Yum China Holdings Inc (NYSE:YUMC) news were published by: Bizjournals.com which released: “Yum China Holdings Inc. shares up 8 percent on first day of trading” on November 01, 2016, also Marketwatch.com published article titled: “Yum China started at outperform with $33 stock price target at Oppenheimer”, Businessinsider.com published: “Yum China’s spin-off is coming” on September 21, 2016. More interesting news about Yum China Holdings Inc (NYSE:YUMC) was released by: Businesswire.com and their article: “Yum! Brands Names Expected Board of Directors of Yum China Holdings” with publication date: September 15, 2016.

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