Restaurant Brands International (QSR) : 9 analysts are covering Restaurant Brands International (QSR) and their average rating on the stock is 2.44, which is read as a Buy. 2 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Restaurant Brands International (QSR) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 6 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Restaurant Brands International (QSR) : 7 investment research analysts covering Restaurant Brands International (QSR) have an average price target of $47.84 for the near short term. The highest target price given by the Brokerage Firm to the stock is $52 and the lowest target is $41 for the short term. Analysts expect the variance to be within $4.13 of the average price.
Company shares have received an average consensus rating of Hold for the current week Also, Brokerage firm OTR Global upgrades its rating on Restaurant Brands International (NYSE:QSR). The shares have been rated Positive. Previously, the analysts had a Mixed rating on the shares. The rating by the firm was issued on July 18, 2016.
Restaurant Brands International (NYSE:QSR): stock was range-bound between the intraday low of $47.97 and the intraday high of $48.31 after having opened at $48.19 on Wednesdays session. The stock finally closed in the red at $48.19, a loss of -0.35%. The stock remained in the red for the whole trading day. The total traded volume was 361,432 shares. The stock failed to cross $48.31 in Wednesdays trading. The stocks closing price on Thursday was $48.33.
Restaurant Brands International Inc is the parent company for Tim Hortons Inc. and Burger King Worldwide, Inc. The Company operates more than 18,000 restaurants operating in 100 countries under its two distinct brands. Tim Hortons operates restaurant chains in North America and Canada. Operating in the quick service segment of the restaurant industry, Tim Hortons menu includes premium coffee, hot and cold specialty drinks (including lattes, cappuccinos and espresso shots), specialty teas and fruit smoothies, fresh baked goods, grilled Panini and classic sandwiches, wraps, soups, prepared foods and other food products. As of September 28, 2014, Tim Hortons had 4,590 system wide restaurants, including 3,665 in Canada, 869 in the United States and 56 in the Gulf Cooperation Council. BURGER KING is a fast food hamburger chain. The BURGER KING system operates in approximately 14,000 locations serving more than 11 million guests daily in 100 countries and territories globally.