On Nov 06, major Wall Street analysts update their ratings for $Yum China (YUMC.US)$, with price targets ranging from $53.35 to $63.04.
J.P. Morgan analyst Kevin Yin upgrades to a buy rating, and adjusts the target price from $35.5 to $60.
Jefferies analyst Anne Ling maintains with a buy rating, and adjusts the target price from $45.21 to $56.31.
Nomura analyst Emily Lee maintains with a buy rating, and adjusts the target price from $47.03 to $53.35.
Oppenheimer analyst Brian Bittner maintains with a hold rating.
DBS analyst Alison Fok maintains with a buy rating, and adjusts the target price from $63.08 to $63.04.
Furthermore, according to the comprehensive report, the opinions of $Yum China (YUMC.US)$'s main analysts recently are as follows:
Following Yum China's third-quarter results, which surpassed expectations on margins, there is an increase in the projected earnings per share for 2024 and 2025, suggesting a positive adjustment of 2% and 3%, respectively. These outcomes reinforce the perspective that Yum China stands as one of the limited consumer stocks in China that does not face a decline in earnings per share, but rather exhibits potential for an increase.
Here are the latest investment ratings and price targets for $Yum China (YUMC.US)$ from 5 analysts:
Note:
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