Analysts at JP Morgan (JPM) are out with a report this morning upgrading shares of Yum! Brands, Inc. (YUM) with an ‘Overweight‘ from ‘Neutral‘ rating. The firm raised its price target for the company to $108 from $83, implying 30% expected upside.
Yum! Brands Inc. shares are currently priced at 41.23x this year’s forecasted earnings, which makes them rather expensive compared to the industry’s 29.37x earnings multiple. Ticker has a forward P/E of 22.88 and t-12 price-to-sales ratio of 2.95. EPS for the same period is $2.25.
In the past 52 weeks, shares of Louisville, Kentucky-based operator of quick service restaurants have traded between a low of $65.81 and a high of $94.13 and are now at $92.93. Shares are up 21.24% year-over-year and 25% year-to-date.
In a report published Friday, Goldman (GS) analysts initiated coverage on Sage Therapeutics, Inc. (SAGE) with a ‘Buy‘ rating. Currently there are 5 analysts that rate SAGE a ‘Buy’ vs. none rating it a ‘Sell’. SAGE has a median Wall Street price target of $67.00 with a high target of $75.00.
Over the past year, shares of Cambridge, Massachusetts-based company have traded between a low of $24.25 and a high of $64.99. Shares have climbed 59.26% since the beginning of the year.
Glu Mobile, Inc. (GLUU) rating of ‘Buy’ was reiterated today at Canaccord Genuity with a price target increase of $9 from $8 (versus a $6.47 previous close).
GLUU shares recently gained $0.31 to $6.78. In the past 52 weeks, shares of San Francisco, California-based company have traded between a low of $3.27 and a high of $7.60. Shares are up 65.47% year-over-year and about 66% year-to-date.
Continental Resources, Inc. (CLR) had its rating hiked to ‘Buy‘ from ‘Neutral‘ by Ladenburg Thalmann today.
CLR shares recently gained $2.01 to $47.17. The stock is down 32.96% year-over-year and has gained roughly 18% year-to-date. In the past 52 weeks, shares of Oklahoma City, Oklahoma-based company have traded between a low of $30.06 and a high of $80.91.
Continental Resources Inc. closed Thursday at $45.16. The name has a total market cap of $17.60 billion.
Casey’s General Stores, Inc. (CASY) had its rating hiked to ‘Buy‘ from ‘Neutral‘ by Sidoti.
Casey’s General Stores, Inc., currently valued at $3.50 billion, has a median Wall Street price target of $96.00 with a high target of $103.00. Approximately 525K shares have already changed hands, compared to the stock’s average daily volume of 257K.
In the past 52 weeks, shares of Ankeny, Iowa-based convenience stores operator have traded between a low of $64.12 and a high of $94.67 with the 50-day MA and 200-day MA located at $86.35 and $87.22 levels, respectively. Additionally, shares of CASY trade at a P/E ratio of 1.63 and have a Relative Strength Index (RSI) and MACD indicator of 70.10 and +2.28, respectively.
CASY currently prints a one year return of 25.18% and a year-to-date loss of 7.11%.