UBS AG Reiterates Buy on Yum! Brands (YUM)

Yum! Brands (NYSE: YUM)‘s stock had its “buy” rating reaffirmed by research analysts at UBS AG in a report released on Monday. They currently have a $81.00 target price on the stock.

Yum! Brands opened at 66.00 on Monday. Yum! Brands has a 1-year low of $49.72 and a 1-year high of $74.44. The company has a market cap of $30.086 billion and a price-to-earnings ratio of 20.67.

Yum! Brands last released its earnings data on Wednesday, July 18th. The company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.70 by $0.03. Yum! Brands’s revenue was up 12.5% compared to the same quarter last year. On average, analysts predict that Yum! Brands will post $3.26 earnings per share for the current fiscal year.

Other equities research analysts have also recently issued reports about the stock. Analysts at Susquehanna reiterated a “positive” rating on shares of Yum! Brands in a research note to investors on Monday. They now have a $76.00 price target on the stock. Separately, analysts at Oppenheimer reiterated an “outperform” rating on shares of Yum! Brands in a research note to investors on Monday, October 1st. They now have a $82.00 price target on the stock. Finally, analysts at Credit Agricole reiterated an “outperform” rating on shares of Yum! Brands in a research note to investors on Tuesday, September 18th. They now have a $76.00 price target on the stock.

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.

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