There’s a lot to be optimistic about in the NA sector as 3 analysts just weighed in on Restaurant Brands International (QSR – Research Report), Yum China Holdings (YUMC – Research Report) and Li Ning Company (LNNGF – Research Report) with bullish sentiments.
Restaurant Brands International (QSR)
In a report released today, Eric Gonzalez from KeyBanc reiterated a Buy rating on Restaurant Brands International, with a price target of $82.00. The company’s shares closed last Friday at $67.80.
According to TipRanks.com, Gonzalez is a 4-star analyst with an average return of
Currently, the analyst consensus on Restaurant Brands International is a Moderate Buy with an average price target of $77.68, a 16.9% upside from current levels. In a report issued on October 23, Barclays also maintained a Buy rating on the stock with a $75.00 price target.
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Yum China Holdings (YUMC)
In a report issued on November 3, Walter Woo from CMB International Securities maintained a Buy rating on Yum China Holdings. The company’s shares closed last Friday at $45.38.
According to TipRanks.com, Woo is a 1-star analyst with an average return of
Currently, the analyst consensus on Yum China Holdings is a Strong Buy with an average price target of $64.76, which is a 38.5% upside from current levels. In a report issued on November 1, Jefferies also maintained a Buy rating on the stock with a HK$556.40 price target.
Li Ning Company (LNNGF)
CGS-CIMB analyst Lei Yang CFA reiterated a Buy rating on Li Ning Company on November 3 and set a price target of HK$62.00. The company’s shares closed last Monday at $3.05, equals to its 52-week low of $3.05.
According to TipRanks.com, CFA is ranked #5915 out of 8601 analysts.
Li Ning Company has an analyst consensus of Strong Buy, with a price target consensus of $5.87, which is an 86.3% upside from current levels. In a report issued on October 24, Citi also maintained a Buy rating on the stock with a HK$45.10 price target.
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