Wells Fargo analyst Zachary Fadem initiated coverage with a Buy rating on Yum! Brands (YUM – Research Report) today and set a price target of $145.00. The company’s shares closed today at $126.63.
According to TipRanks, Fadem is a top 100 analyst with an average return of 16.7% and a 65.48% success rate. Fadem covers the Consumer Goods sector, focusing on stocks such as Advance Auto Parts, Wayfair, and AutoZone.
Yum! Brands has an analyst consensus of Moderate Buy, with a price target consensus of $142.13, a 12.24% upside from current levels. In a report released today, Citigroup also maintained a Buy rating on the stock with a $168.00 price target.
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The company has a one-year high of $132.24 and a one-year low of $103.49. Currently, Yum! Brands has an average volume of 1.8M.
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Headquartered in Kentucky, Yum! Brands, Inc. is a service restaurant company, which develops, operates, franchises, and licenses quick service restaurants worldwide. The company operates in three divisions: the KFC Division, the Pizza Hut Division, and the Taco Bell Division.
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