In a report released today, George Doumet from Scotiabank maintained a Buy rating on Restaurant Brands International (QSR – Research Report), with a price target of $80.00. The company’s shares closed last Friday at $77.19.
According to TipRanks, Doumet is a 3-star analyst with an average return of 1.9% and a 54.13% success rate. Doumet covers the Consumer Cyclical sector, focusing on stocks such as Restaurant Brands International, Dollarama, and Canadian Tire.
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 10.12% upside. In a report released on February 16, TD Cowen also assigned a Buy rating to the stock with a $90.00 price target.
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QSR market cap is currently $34.97B and has a P/E ratio of 20.53.
Based on the recent corporate insider activity of 100 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of QSR in relation to earlier this year.
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.
Restaurant Brands International (QSR) Company Description:
Restaurant Brands International, Inc. is a holding company, which engages in the operation of quick service restaurants. It operates through the following segments: Tim Hortons, Burger King, and Popeyes. The Tim Hortons segment provides donut, coffee, and tea restaurant services. The Burger King segment manages fast food hamburger restaurant. The Popeyes segment handles chicken category of the quick service segment of the restaurant industry. The company was founded on August 25, 2014 and is headquartered in Toronto, Canada.
Read More on QSR:
- Restaurant Brands price target raised to $82 from $78 at JPMorgan
- Restaurant Brands sees $3.2B in adjusted operating income by 2028
- Pershing Square boosts stake in Howard Hughes, reduces Lowe’s stake
- Roark considering bringing Inspire Brands public, Bloomberg says
- Restaurant Brands price target lowered to $80 from $81 at Scotiabank
