Restaurant Brands International (NYSE:QSR) has an average broker rating of 2.3, which is interpreted as a Buy, as rated by 10 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 6 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 1, which is also a Strong Buy.
Restaurant Brands International (NYSE:QSR) : Average target price received by Restaurant Brands International (NYSE:QSR) is $46.41 with an expected standard deviation of $3.49. The most aggressive target on the stock is $50, whereas the most downbeat target is $41. 7 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week Also, RBC Capital upgrades their rating on the shares of Restaurant Brands International (NYSE:QSR). The current rating of the shares is Outperform. Earlier, the shares were rated a Sector Perform by the brokerage firm. Equity Analysts at the Firm raises the price target to $48 per share. The rating by the firm was issued on April 11, 2016.
Restaurant Brands International (NYSE:QSR): stock turned positive on Tuesday. Though the stock opened at $40.13, the bulls momentum made the stock top out at $40.82 level for the day. The stock recorded a low of $40.1 and closed the trading day at $40.29, in the green by 0.90%. The total traded volume for the day was 1,649,380. The stock had closed at $39.93 in the previous days trading.
In an insider trading activity, The Securities and Exchange Commission has divulged that Caira Marc, director of Restaurant Brands International Inc., had unloaded 100,000 shares at an average price of $43.02 in a transaction dated on May 5, 2016. The total value of the transaction was worth $4,302,000.
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.