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Yum China Holdings (YUMC) Gets a Buy from UOB Kay Hian

Tipranks - Tipranks - Sat Feb 14, 6:26PM CST

UOB Kay Hian analyst maintained a Buy rating on Yum China Holdings yesterday and set a price target of HK$494.80.

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Currently, the analyst consensus on Yum China Holdings is a Strong Buy with an average price target of HK$479.70.

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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 73 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, Joey Wat, the CEO of YUMC sold 4,613.00 shares for a total of $262,987.13.

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