Deutsche Bank Sticks to Their Buy Rating for Restaurant Brands International (QSR)


In a report released today, Brian Mullan from Deutsche Bank maintained a Buy rating on Restaurant Brands International (QSR), with a price target of $55.00. The company’s shares closed last Monday at $38.63.

According to TipRanks.com, Mullan is a 1-star analyst with an average return of -21.8% and a 38.1% success rate. Mullan covers the Services sector, focusing on stocks such as Papa John’s International, Carrols Restaurant Group, and Dine Brands Global.

Restaurant Brands International has an analyst consensus of Strong Buy, with a price target consensus of $72.67, representing a 106.6% upside. In a report issued on March 10, Robert W. Baird also maintained a Buy rating on the stock with a $63.00 price target.

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The company has a one-year high of $79.46 and a one-year low of $25.08. Currently, Restaurant Brands International has an average volume of 3.38M.

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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. The Popeyes segment handles chicken category of the quick service segment of the restaurant industry. The company was founded on August 25, 2014 and is headquartered in Toronto, Canada.

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