Robert W. Baird analyst David Tarantino reiterated a Buy rating on Restaurant Brands International (QSR) on February 11 and set a price target of $72. The company’s shares opened today at $64.26, close to its 52-week high of $65.59.
According to TipRanks.com, Tarantino is a 4-star analyst with an average return of 7.4% and a 65.4% success rate. Tarantino covers the Services sector, focusing on stocks such as McDonald’s Corp, Domino’s Pizza, and Dunkin’ Brands.
Currently, the analyst consensus on Restaurant Brands International is a Strong Buy with an average price target of $72.44, representing a 12.7% upside. In a report released yesterday, KeyBanc also maintained a Buy rating on the stock with a $72 price target.
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Restaurant Brands International’s market cap is currently $16.14B and has a P/E ratio of 26.03. The company has a Price to Book ratio of 7.38.
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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.
