In a report released today, Zachary Fadem from Wells Fargo maintained a Hold rating on Yum! Brands (YUM – Research Report), with a price target of $135.00. The company’s shares closed yesterday at $139.06.
According to TipRanks, Fadem is a 5-star analyst with an average return of 14.0% and a 64.19% success rate. Fadem covers the Consumer Cyclical sector, focusing on stocks such as Starbucks, Lowe’s, and O’Reilly Auto.
In addition to Wells Fargo, Yum! Brands also received a Hold from Bank of America Securities’s Sara Senatore in a report issued yesterday. However, on the same day, Citi maintained a Buy rating on Yum! Brands (NYSE: YUM).
Based on Yum! Brands’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.04 billion and a net profit of $463 million. In comparison, last year the company earned a revenue of $2.02 billion and had a GAAP net loss of $1.93 billion
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Yum! Brands (YUM) Company Description:
Headquartered in Kentucky, Yum! Brands, Inc. is a service restaurant company, which develops, operates, franchises, and licenses quick service restaurants worldwide. The company operates in three divisions: the KFC Division, the Pizza Hut Division, and the Taco Bell Division.
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