According to TipRanks.com, Bittner is a 5-star analyst with an average return of 9.0% and a 66.6% success rate. Bittner covers the Services sector, focusing on stocks such as Papa John’s International, Cheesecake Factory, and Yum China Holdings.
Currently, the analyst consensus on Restaurant Brands International is a Strong Buy with an average price target of $58.76, representing a 5.0% upside. In a report issued on May 14, Stifel Nicolaus also upgraded the stock to Buy with a $62.00 price target.
See today’s analyst top recommended stocks >>
Based on Restaurant Brands International’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.23 billion and net profit of $144 million. In comparison, last year the company earned revenue of $1.27 billion and had a net profit of $135 million.
Based on the recent corporate insider activity of 75 insiders, corporate insider sentiment is neutral on the stock.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
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.
Read More on QSR:
- Billionaire Ackman Exits Berkshire Hathaway, Blackstone To Fund Opportunities
- Billionaire Ackman Takes New Bet On Blackstone, Trims Chipotle Stake
- Billionaire Bill Ackman Picks up These 2 Stocks as Markets Recover
- Billionaire Ackman Ramps Up Stake in Restaurant Brands; Oppenheimer Sees Buying Opportunity
- Hedge Fund Billionaire Ackman Denies TV Interview Helped $2.6 Billion Hedge Trade Profit