A statement released earlier today by BMO Capital Markets about Restaurant Brands International Inc (TSE:QSR) raises the target price to $52.00
- Updated: October 14, 2016
Restaurant Brands International Inc (TSE:QSR) had its price target upped to $52.00 by BMO Capital Markets in a report issued 10/14/2016. The bumped up target suggests a potential downside of -0.10% from the company's previous closing price.
Just yesterday Restaurant Brands International Inc (TSE:QSR) traded 0.40% higher at $57.78. The company’s 50-day moving average is $59.86 and its 200-day moving average is $56.19. The last stock close price is up 2.83% relative to the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Trade Volume was down over the average, with 248,300 shares of QSR changing hands under the typical 307,267
With a total market value of $0, Restaurant Brands International Inc has price-earnings ratio of 53.50 with a one year low of $40.75 and a one year high of $64.32 .
A total of 7 analysts have released a research note on Restaurant Brands International Inc. zero analysts rating the company a strong buy, three analysts rating the company a buy, 8 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $41.64.
About Restaurant Brands International Inc (TSE:QSR)
Restaurant Brands International Inc. is a quick service restaurant (QSR) company. The Company operates approximately 19,000 restaurants in over 100 countries and the United States territories. Its Burger King (BK) and Tim Hortons (TH) brands have similar franchised business models. The Company operates through two segments: TH, which includes all operations of its Tim Hortons brand and BK, which includes all operations of its Burger King brand. Tim Hortons restaurants are quick service restaurants with a menu that includes premium blend coffee, tea, espresso-based hot and cold specialty drinks, fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps and soups, among others. Burger King restaurants are quick service restaurants that feature flame-grilled hamburgers, chicken and other specialty sandwiches, French fries, soft drinks and other affordably-priced food items.
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