Somewhat Negative Media Coverage Somewhat Unlikely to Impact Yum China (NYSE:YUMC) Share Price
Media coverage about Yum China (NYSE:YUMC) has trended somewhat negative this week, Accern Sentiment reports. The research firm scores the sentiment of news coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Yum China earned a media sentiment score of -0.02 on Accern’s scale. Accern also assigned media stories about the company an impact score of 46.389486953348 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
A number of research analysts recently issued reports on the stock. Zacks Investment Research cut shares of Yum China from a “hold” rating to a “sell” rating in a research report on Thursday, October 5th. Instinet reaffirmed a “buy” rating and issued a $51.60 target price (up from $51.50) on shares of Yum China in a report on Monday, October 9th. Oppenheimer lifted their target price on shares of Yum China from $43.00 to $45.00 and gave the stock an “outperform” rating in a report on Friday, October 6th. CIBC reaffirmed an “outperform” rating and issued a $45.00 target price (up from $43.00) on shares of Yum China in a report on Friday, October 6th. Finally, Macquarie began coverage on shares of Yum China in a report on Wednesday, January 3rd. They issued an “outperform” rating and a $55.00 target price for the company. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and nine have issued a buy rating to the company. Yum China has an average rating of “Buy” and an average price target of $44.28.
Shares of Yum China (NYSE YUMC) traded down $0.68 during trading hours on Tuesday, reaching $46.36. 605,514 shares of the company’s stock traded hands, compared to its average volume of 2,330,124. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.69 and a quick ratio of 1.42. Yum China has a twelve month low of $25.53 and a twelve month high of $48.75. The stock has a market capitalization of $17,750.00 and a P/E ratio of 30.59.
About Yum China
Yum China Holdings, Inc is a restaurant company. The Company’s segments include KFC, Pizza Hut Casual Dining, and All Other Segments, including Pizza Hut Home Service, East Dawning, Little Sheep and Taco Bell. As of December 31, 2016, the Company had over 7,500 restaurants in China. Its restaurant base consists of various restaurant concepts.
Receive News & Ratings for Yum China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Yum China and related companies with MarketBeat.com's FREE daily email newsletter.