In a report released today, Brian Bittner from Oppenheimer maintained a Hold rating on Yum China Holdings (YUMC – Research Report). The company’s shares closed yesterday at $40.04.
According to TipRanks, Bittner is a 5-star analyst with an average return of 11.1% and a 65.05% success rate. Bittner covers the Consumer Cyclical sector, focusing on stocks such as Domino’s Pizza, Chipotle, and Darden Restaurants.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Yum China Holdings with a $51.98 average price target.
Based on Yum China Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.49 billion and a net profit of $73 million. In comparison, last year the company earned a revenue of $2.09 billion and had a net profit of $43 million
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Yum China Holdings (YUMC) Company Description:
Founded in 2016, Yum China Holdings, Inc. operates and franchises restaurants and fast food chains in China. The company operates through two segments: Kentucky Fried Chicken (KFC), and Pizza Hut.
