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Yum China Holdings (YUMC) Gets a Buy from Nomura

Tipranks - Tipranks - Fri Jun 19, 7:26PM CDT

Nomura analyst maintained a Buy rating on Yum China Holdings on June 17 and set a price target of HK$464.00. The company’s shares closed yesterday at $43.28.

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Currently, the analyst consensus on Yum China Holdings is a Strong Buy with an average price target of HK$474.11, a 995.44% upside from current levels. In a report released on June 17, DBS also maintained a Buy rating on the stock with a HK$486.00 price target.

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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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