Yum! Brands (YUM) Receives a Hold from Bank of America Securities
Bank of America Securities analyst Sara Senatore reiterated a Hold rating on Yum! Brands yesterday and set a price target of $178.00.
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According to TipRanks, Senatore is a 4-star analyst with an average return of 3.4% and a 52.23% success rate. Senatore covers the Consumer Cyclical sector, focusing on stocks such as Chipotle, Cracker Barrel, and Darden Restaurants.
In addition to Bank of America Securities, Yum! Brands also received a Hold from KeyBanc’s Eric Gonzalez in a report issued on February 6. However, on the same day, TipRanks – OpenAI upgraded Yum! Brands (NYSE: YUM) to a Buy.
Based on Yum! Brands’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.51 billion and a net profit of $535 million. In comparison, last year the company earned a revenue of $2.36 billion and had a net profit of $423 million
Based on the recent corporate insider activity of 81 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of YUM in relation to earlier this year. Earlier this month, Aaron Powell, the CEO – Pizza Hut of YUM sold 12,000.00 shares for a total of $1,937,280.00.
Read More on YUM:
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- Yum! Brands price target raised to $160 from $155 at Wells Fargo
- Yum! Brands price target raised to $165 from $155 at BMO Capital
- Yum! Brands price target raised to $171 from $170 at Citi
- Yum! Brands price target raised to $185 from $179 at Barclays
- Buy Rating on Yum! Brands Driven by Taco Bell Momentum, Core Growth Outlook, and Anticipated Post–Pizza Hut Divestiture Re-Rating
