06:00 AM EDT, 04/30/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

We revise our 12-month target price for Yum China ( YUMC ) to $52 (from $60), which implies a 2026 P/E of 18.2x (in line the three-year mean), reflecting our view that the company's forward-looking profile is fundamentally improving, and more predictable than in recent years. We welcome the strategic initiatives that turn Yum China ( YUMC ) into a more capital-efficient and shareholder-return-friendly company but remain concerned on long-term profitability expansion. We expect Yum China's ( YUMC ) revenue growth to be supported by continued store network expansion, particularly in underserved lower-tier cities, alongside product innovation and the rising adoption of food delivery, which accounted for about 51% and 55% of Pizza Hut and KFC sales, respectively, in Q1 2026. However, rising delivery costs and aggressive expansion into lower-tier cities will likely translate into a more moderate profit profile versus its existing tier 1 city strategy, in our opinion.