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DBS Reaffirms Their Buy Rating on Yum China Holdings (YUMC)

Tipranks - Tipranks - Wed Jun 17, 7:40PM CDT

DBS analyst Alison Fok maintained a Buy rating on Yum China Holdings today and set a price target of HK$486.00.

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According to TipRanks, Fok is a 3-star analyst with an average return of 3.7% and a 55.88% success rate. Fok covers the Consumer Cyclical sector, focusing on stocks such as Stella International Holdings Limited, ANTA Sports Products, and Yum China Holdings.

Yum China Holdings has an analyst consensus of Strong Buy, with a price target consensus of HK$479.63.

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Based on Yum China Holdings’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3.27 billion and a net profit of $309 million. In comparison, last year the company earned a revenue of $2.98 billion and had a net profit of $292 million

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