Restaurant Brands International (QSR) : Zacks Investment Research ranks Restaurant Brands International (QSR) as 3, which is a Hold recommendation. 2 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 6 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 9 research analysts is 2.44, which indicates as a Buy.
Restaurant Brands International (QSR) : The highest short term price target forecast on Restaurant Brands International (QSR) is $50 and the lowest target price is $41. A total of 7 equity analysts are currently covering the company. The average price of all the analysts is $46.41 with a standard deviation of $3.49.
Company shares have received an average consensus rating of Hold for the current week
Restaurant Brands International (NYSE:QSR): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $44.46 and $44.25 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $45.20. The buying momentum continued till the end and the stock did not give up its gains. It closed at $44.79, notching a gain of 0.65% for the day. The total traded volume was 1,384,735 . The stock had closed at $44.50 on the previous day.
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.