tiprankstipranks
Blurbs

Analysts Offer Insights on Consumer Cyclical Companies: Restaurant Brands International (QSR), Sabre (SABR) and Shake Shack (SHAK)

Companies in the Consumer Cyclical sector have received a lot of coverage today as analysts weigh in on Restaurant Brands International (QSRResearch Report), Sabre (SABRResearch Report) and Shake Shack (SHAKResearch Report).

Restaurant Brands International (QSR)

In a report released today, Brian Bittner from Oppenheimer maintained a Buy rating on Restaurant Brands International, with a price target of $89.00. The company’s shares closed last Thursday at $76.02.

According to TipRanks.com, Bittner is a 5-star analyst with an average return of 10.6% and a 65.7% success rate. Bittner covers the NA sector, focusing on stocks such as Papa John’s International, Yum China Holdings, and BJ’s Restaurants.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Restaurant Brands International with a $85.00 average price target, representing a 10.7% upside. In a report issued on February 8, TD Cowen also maintained a Buy rating on the stock with a $90.00 price target.

See the top stocks recommended by analysts >>

Sabre (SABR)

Oppenheimer analyst Jed Kelly maintained a Hold rating on Sabre today. The company’s shares closed last Thursday at $3.42, close to its 52-week low of $2.99.

According to TipRanks.com, Kelly is a 3-star analyst with an average return of 1.4% and a 45.7% success rate. Kelly covers the NA sector, focusing on stocks such as Booking Holdings, DraftKings, and Inspirato.

The word on The Street in general, suggests a Hold analyst consensus rating for Sabre with a $4.25 average price target, a 17.7% upside from current levels. In a report issued on February 8, Mizuho Securities also initiated coverage with a Hold rating on the stock with a $4.00 price target.

Shake Shack (SHAK)

Oppenheimer analyst Michael Tamas maintained a Buy rating on Shake Shack today and set a price target of $108.00. The company’s shares closed last Thursday at $98.40, close to its 52-week high of $98.90.

Tamas has an average return of 1.4% when recommending Shake Shack.

According to TipRanks.com, Tamas is ranked #3051 out of 8732 analysts.

Shake Shack has an analyst consensus of Moderate Buy, with a price target consensus of $88.41, which is a -6.7% downside from current levels. In a report released yesterday, William Blair also reiterated a Buy rating on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on QSR:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles