Bernstein analyst Danilo Gargiulo maintained a Buy rating on Restaurant Brands International (QSR – Research Report) today and set a price target of $85.00. The company’s shares closed yesterday at $81.24.
Gargiulo covers the Consumer Cyclical sector, focusing on stocks such as Chipotle, Domino’s Pizza, and Starbucks. According to TipRanks, Gargiulo has an average return of 0.2% and a 71.43% success rate on recommended stocks.
Currently, the analyst consensus on Restaurant Brands International is a Moderate Buy with an average price target of $85.23, implying a 4.91% upside from current levels. In a report released yesterday, Loop Capital Markets also reiterated a Buy rating on the stock with a $86.00 price target.
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QSR market cap is currently $35.42B and has a P/E ratio of 20.76.
Based on the recent corporate insider activity of 113 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. Last month, Jeffrey Housman, an Insider at QSR sold 44,086.00 shares for a total of $3,329,497.30.
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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:
- Is Shake Shack Stock (NYSE:SHAK) a Buy after Its Stellar Q4 Results?
- 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
