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Oppenheimer raised its price target on Yum China Holdings (NYSE: YUMC) to $43.00 (from $35.00) while maintaining a Outperform rating following the company's 2Q earnings report. EPS of $0.27 beat the Street's $0.26 owing to beats on SSS, restaurant margins and tax rate.
2017 EPS is now estimated to... More
Goldman Sachs raised its price target on Yum China Holdings (NYSE: YUMC) to $35.90 (from $33.10) while maintaining a Neutral rating.
Analyst Michelle Cheng says the execution was strong in the last quarter but expects a tougher base as the company enters H2... More
Yum China (NYSE: YUMC) reported Q2 EPS of $0.27, in-line with the analyst estimate of $0.27. Revenue for the quarter came in at $1.59 billion versus the consensus estimate of $1.6 billion.
Total system sales grew 7%, including growth of 8% at KFC and 7% at Pizza Hut1, excluding foreign... More
