http://www.americanbankingnews.com/getthestreet reaffirmed their buy rating on shares of Yum! Brands (NYSE: YUM) in a research note released on Thursday morning.
“Yum Brands (YUM) has been reiterated by TheStreet Ratings as a buy with a ratings score of A- . The company’s strengths can be seen in multiple areas, such as its revenue growth, notable return on equity and good cash flow from operations. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.”
,” the firm’s analyst wrote.
Several other analysts have also recently commented on the stock. Analysts at Jefferies Group reiterated a hold rating on shares of Yum! Brands in a research note to investors on Wednesday, February 27th. They now have a $54.00 price target on the stock. Separately, analysts at Zacks downgraded shares of Yum! Brands from a neutral rating to an underperform rating in a research note to investors on Tuesday, February 26th. They now have a $59.00 price target on the stock. Finally, analysts at Argus reiterated a hold rating on shares of Yum! Brands in a research note to investors on Tuesday, February 26th.
Shares of Yum! Brands traded up 0.04% during mid-day trading on Thursday, hitting $67.75. Yum! Brands has a one year low of $59.68 and a one year high of $74.75. The stock’s 50-day moving average is currently $65.01. The company has a market cap of $30.537 billion and a P/E ratio of 20.04.
Yum! Brands, Inc. (YUM) is a quick service restaurant company based on number of system units, with approximately 37,000 units in more than 120 countries and territories.
To view TheStreet’s full report, visit www.thestreetratings.com
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