In a report issued on February 11, Peter Sklar from BMO Capital reiterated a Buy rating on Restaurant Brands International (QSR), with a price target of $72. The company’s shares opened today at $64.46, close to its 52-week high of $65.59.
Sklar has an average return of 2.3% when recommending Restaurant Brands International.
According to TipRanks.com, Sklar is ranked #1314 out of 5152 analysts.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Restaurant Brands International with a $72.44 average price target, representing a 12.4% upside. In a report released yesterday, KeyBanc also maintained a Buy rating on the stock with a $72 price target.
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Based on Restaurant Brands International’s latest earnings release for the quarter ending September 30, the company reported a quarterly net profit of $134 million. In comparison, last year the company had a net profit of $215 million.
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Restaurant Brands International, Inc. is a holding company, which engages in the operation of quick service restaurants. It operates through the following segments: Tim Hortons, Burger King, and Popeyes. The Tim Hortons segment provides donut, coffee, and tea restaurant services. The Burger King segment manages fast food hamburger restaurant.
