Yum! Brands (NYSE:YUM) Price Target Raised to $155.00

Yum! Brands (NYSE:YUMGet Rating) had its price objective raised by analysts at Morgan Stanley from $140.00 to $155.00 in a research report issued on Wednesday, Benzinga reports. The brokerage currently has an “overweight” rating on the restaurant operator’s stock. Morgan Stanley’s price target points to a potential upside of 22.97% from the stock’s current price.

A number of other brokerages have also recently issued reports on YUM. StockNews.com initiated coverage on Yum! Brands in a report on Wednesday, October 12th. They issued a “hold” rating on the stock. Citigroup raised their target price on shares of Yum! Brands from $149.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, November 30th. Barclays boosted their price target on shares of Yum! Brands from $122.00 to $128.00 in a report on Wednesday, December 14th. JPMorgan Chase & Co. raised their price objective on shares of Yum! Brands from $122.00 to $130.00 and gave the stock a “neutral” rating in a research note on Wednesday. Finally, Argus raised shares of Yum! Brands from a “hold” rating to a “buy” rating and set a $142.00 target price on the stock in a research note on Wednesday, November 23rd. Four equities research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $142.13.

Yum! Brands Trading Down 2.1 %

Shares of Yum! Brands stock opened at $126.05 on Wednesday. Yum! Brands has a 52 week low of $103.96 and a 52 week high of $132.87. The stock has a market cap of $35.51 billion, a PE ratio of 28.78, a price-to-earnings-growth ratio of 2.16 and a beta of 0.99. The company’s 50-day moving average price is $128.02 and its two-hundred day moving average price is $119.67.

Yum! Brands (NYSE:YUMGet Rating) last released its earnings results on Wednesday, November 2nd. The restaurant operator reported $1.09 EPS for the quarter, missing analysts’ consensus estimates of $1.14 by ($0.05). The business had revenue of $1.64 billion during the quarter, compared to the consensus estimate of $1.64 billion. Yum! Brands had a negative return on equity of 14.52% and a net margin of 19.13%. On average, equities analysts predict that Yum! Brands will post 4.43 EPS for the current fiscal year.

Insider Buying and Selling at Yum! Brands

In other news, CEO David W. Gibbs sold 4,259 shares of the stock in a transaction on Tuesday, December 20th. The shares were sold at an average price of $128.52, for a total transaction of $547,366.68. Following the transaction, the chief executive officer now owns 31,715 shares in the company, valued at approximately $4,076,011.80. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.37% of the company’s stock.

Institutional Trading of Yum! Brands

Several large investors have recently made changes to their positions in YUM. Stratos Wealth Advisors LLC acquired a new stake in Yum! Brands in the 4th quarter worth approximately $4,697,000. Counterpoint Mutual Funds LLC bought a new stake in shares of Yum! Brands during the 4th quarter worth $112,000. Adviser Investments LLC bought a new stake in shares of Yum! Brands during the 4th quarter worth $221,000. Wesbanco Bank Inc. grew its stake in Yum! Brands by 44.9% in the 4th quarter. Wesbanco Bank Inc. now owns 5,051 shares of the restaurant operator’s stock valued at $647,000 after buying an additional 1,564 shares during the last quarter. Finally, Private Advisor Group LLC raised its holdings in Yum! Brands by 2.0% in the 4th quarter. Private Advisor Group LLC now owns 17,826 shares of the restaurant operator’s stock worth $734,252,000 after acquiring an additional 346 shares during the period. Institutional investors own 77.54% of the company’s stock.

Yum! Brands Company Profile

(Get Rating)

YUM! Brands, Inc, together with its subsidiaries, develops, operates, and franchises quick service restaurants worldwide. It operates through four segments: the KFC Division, the Taco Bell Division, the Pizza Hut Division, and the Habit Burger Grill Division. The company operates restaurants under the KFC, Pizza Hut, Taco Bell, and The Habit Burger Grill brands, which specialize in chicken, pizza, made-to-order chargrilled burgers, sandwiches, Mexican-style food categories, and other food products.

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Analyst Recommendations for Yum! Brands (NYSE:YUM)

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