Restaurant Brands International (NYSE:QSR) has received a short term rating of strong buy from experts at Zacks with a rank of 1. The stock has been rated an average of 2.3 by 10 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 6 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Equity Analysts at the RBC Capital upgrades the rating on Restaurant Brands International (NYSE:QSR). The brokerage firm has issued a Outperform rating on the shares. The shares were previously rated Sector Perform. The Analysts at the ratings agency 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 has received a short term price target of $ 46.41 from 7 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $3.49. The higher estimate of target price is $50 , while the lower price target estimate is $41
Restaurant Brands International (NYSE:QSR) witnessed a decline in the market cap on Tuesday as its shares dropped 1.24% or 0.54 points. After the session commenced at $43.79, the stock reached the higher end at $43.88 while it hit a low of $42.72. With the volume soaring to 1,163,942 shares, the last trade was called at $43.07. The company has a 52-week high of $44.6. The company has a market cap of $10,042 million and there are 233,151,490 shares in outstanding. The 52-week low of the share price is $29.28.
Shares of Restaurant Brands International Inc. rose by 0.8% in the last five trading days and 5.51% for the last 4 weeks. Restaurant Brands International Inc. is up 12.34% in the last 3-month period. Year-to-Date the stock performance stands at 16.17%.
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.