Restaurant Brands International Inc (NYSE:QSR) price target upped to $50.00, issued a research note today by Zacks Investment Research
- Updated: October 8, 2016
In a report issued 10/06/2016 Zacks Investment Research bumped up the target of Restaurant Brands International Inc (NYSE:QSR) to $50.00 reporting a potential upside of 0.15%.
Yesterday Restaurant Brands International Inc (NYSE:QSR) traded 1.00% higher at $43.63. QSR’s 50-day average is $45.96 and its 200-day moving average is $43.13. The last stock price is up 2.77% relative to the two hundred day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Trading volume was down over the average, with 824,466 shares of QSR changing hands under the typical 852,220
Recent Performance Chart
Restaurant Brands International Inc has price-earnings ratio of 41.04 with a 52 week low of $29.28 and a one year high of $49.12 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 11 brokerages have issued a ratings update on the stock. The consensus target price is $44.64 with zero equity analysts rating the company a strong buy, zero brokerages rating the company a buy, zero brokers rating the stock a hold, 0 equity analysts rating the company a underperform, and lastly 0 equity analysts rating the company a sell.
Brief Synopsis About Restaurant Brands International Inc (NYSE: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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