Truist Financial Remains a Buy on Restaurant Brands International (QSR)

Truist Financial analyst Jake Bartlett maintained a Buy rating on Restaurant Brands International (QSRResearch Report) on October 12 and set a price target of $89.00. The company’s shares closed last Friday at $62.67.

Bartlett covers the Consumer Cyclical sector, focusing on stocks such as Texas Roadhouse, Wendy’s, and Wingstop. According to TipRanks, Bartlett has an average return of 15.3% and a 54.71% success rate on recommended stocks.

In addition to Truist Financial, Restaurant Brands International also received a Buy from Loop Capital Markets’s Alton Stump in a report issued on September 29. However, on October 11, Morgan Stanley maintained a Hold rating on Restaurant Brands International (NYSE: QSR).

See Insiders’ Hot Stocks on TipRanks >>

The company has a one-year high of $77.68 and a one-year low of $52.37. Currently, Restaurant Brands International has an average volume of 1.36M.

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 (QSR) Company Description:

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:


(Visited 1 times, 1 visits today)