After Big Gains, Is This Chinese Fast-Food Company a Buy?
Since getting spun off from Yum! Brands (NYSE: YUM) in late 2016, Yum China (NYSE: YUMC) stock has returned over 30%. Though it is already China's biggest restaurant group, the company looks like it has more room to run.
After years of struggling to grow its Chinese business, Yum! Brands decided to spin it off into a separate entity. Yum China, which owns sole rights to KFC, Pizza Hut, and Taco Bell in the world's most populous country, has been doing much better all on its own thus far.
Source: Fool.com
McDonalds Corp. Stock
€255.45
0.260%
With 49 Buy predictions and 1 Sell predictions McDonalds Corp. is one of the favorites of our community.
With a target price of 296 € there is a slightly positive potential of 15.87% for McDonalds Corp. compared to the current price of 255.45 €.
