Citi has increased its price target for Yum! Brands (YUM, Financial) from $148 to $151, maintaining a Neutral rating on the shares as the company approaches its fiscal first-quarter earnings announcement. The adjustment reflects an optimistic outlook, provided there are no significant setbacks in global comparable sales growth or new store openings.
Yum! Brands, known for its fast-food chains, has shown strong performance so far this year. Analysts suggest that unless there are unexpected negative developments, this upward trajectory is likely to continue with the upcoming earnings report. Investors and stakeholders are keenly watching for updates that could influence the brand's market position and financial performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 22 analysts, the average target price for Yum Brands Inc (YUM, Financial) is $156.27 with a high estimate of $185.00 and a low estimate of $138.00. The average target implies an upside of 7.03% from the current price of $146.00. More detailed estimate data can be found on the Yum Brands Inc (YUM) Forecast page.
Based on the consensus recommendation from 30 brokerage firms, Yum Brands Inc's (YUM, Financial) average brokerage recommendation is currently 2.6, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Yum Brands Inc (YUM, Financial) in one year is $156.73, suggesting a upside of 7.35% from the current price of $146. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Yum Brands Inc (YUM) Summary page.
