Morgan Stanley analyst John Glass maintained a Buy rating on Restaurant Brands International (QSR) today and set a price target of $44.00. The company’s shares closed last Monday at $45.24.
According to TipRanks.com, Glass is a 5-star analyst with an average return of 7.7% and a 58.5% success rate. Glass covers the Services sector, focusing on stocks such as Cheesecake Factory, BJ’s Restaurants, and Jack In The Box.
Restaurant Brands International has an analyst consensus of Strong Buy, with a price target consensus of $70.47, implying a 77.4% upside from current levels. 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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