Rating Flow: CLSA Says Its Time To Underperform Yum China (YUMC). Stock Hitting $30.0?

November 28, 2016 - By Nellie Frank

Rating Flow: CLSA Says Its Time To Underperform Yum China (YUMC). Stock Hitting $30.0?

Why CLSA Gives Yum China (YUMC) $30.0 Price Target

CLSA revealed to investors and clients in a note that it started coverage on Yum China (YUMC) stock, with a Underperform rating and a $30.0 target.

Yum China Holdings Inc (NYSE:YUMC) Ratings Coverage

Out of 5 analysts covering Yum China (YUMC), 2 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 40% are positive. Yum China has been the topic of 5 analyst reports since November 1, 2016 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Thursday, November 10 by Oppenheimer. Bernstein initiated the stock with “Mkt Perform” rating in Friday, November 4 report. The company was initiated on Tuesday, November 1 by Morgan Stanley.

About 646,855 shares traded hands. Yum China Holdings Inc (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 $10.85 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 28.51 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 notable 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 with their article: “Yum China started at outperform with $33 stock price target at Oppenheimer” published on November 01, 2016, Businessinsider.com published: “Yum China’s spin-off is coming” on September 21, 2016. More interesting news about Yum China Holdings Inc (NYSE:YUMC) were released by: Businesswire.com and their article: “Yum! Brands Names Expected Board of Directors of Yum China Holdings” published on September 15, 2016 as well as Streetinsider.com‘s news article titled: “Form 4 Yum China Holdings, Inc. For: Nov 11 Filed by: Hu Fred” with publication date: November 16, 2016.

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