In trading on October 4, 2023, shares of Yum China Holdings Inc (YUMC) reached $57.95, surpassing the average 12-month analyst target price of $57.70. This increase prompts analysts to consider whether to downgrade their valuations or raise their target prices based on the underlying business performance.
Yum China has 11 analysts contributing to the average target, with predictions ranging from a low of $53.00 to a high of $63.64, resulting in a standard deviation of $3.455. Currently, analysts have issued 10 strong buy ratings, 3 buy ratings, and 2 hold ratings, with no sell or strong sell ratings. The average analyst rating remains stable at 1.43, indicating a consensus leaning toward positive sentiment.
