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Yum China Holdings (YUMC) Receives a Buy from GF Securities

Tipranks - Tipranks - Mon Feb 9, 8:50AM CST

GF Securities analyst maintained a Buy rating on Yum China Holdings yesterday and set a price target of HK$492.22.

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In a report released on February 5, Bank of America Securities also maintained a Buy rating on the stock with a $56.50 price target.

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Based on Yum China Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.82 billion and a net profit of $140 million. In comparison, last year the company earned a revenue of $2.6 billion and had a net profit of $115 million

Based on the recent corporate insider activity of 62 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 YUMC in relation to earlier this year. Earlier this month, Leila Zhang, the CTO of YUMC sold 5,193.00 shares for a total of $286,913.25.

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