Yum China hit by new lockdowns

YUM CHINA HOLDINGS INC. $60 is a buy. The company (New York symbol YUMC; Consumer Sector; Shares outstanding: 420.9 million; Market cap: $25.3 billion; Dividend yield: 0.8%; Takeover Target Rating: Medium; www.yumchina.com) is China’s largest fast-food operator, with over 11,000 outlets, mainly under the KFC and Pizza Hut banners.
On… Read More

KFC aims to triple its size

YUM! BRANDS INC. $120 is a buy. The company (New York symbol YUM; Aggressive Growth Portfolio; Consumer sector; Shares outstanding: 301.7 million; Market cap: $36.2 billion; Price-to-sales ratio: 6.1; Dividend yield: 1.7%; TSINetwork Rating: Average; www.yum.com) now aims to roughly triple the number of its… Read More