Restaurant Brands International (QSR) PT Lowered to C$70.00

Restaurant Brands International (TSE:QSR) (NYSE:QSR) had its price objective dropped by analysts at BMO Capital Markets from C$72.00 to C$70.00 in a note issued to investors on Tuesday. BMO Capital Markets’ price objective would indicate a potential downside of 3.06% from the company’s previous close.

A number of other equities research analysts also recently weighed in on the company. Evercore ISI restated an “outperform” rating on shares of Restaurant Brands International in a research report on Tuesday, December 12th. Evercore restated an “outperform” rating on shares of Restaurant Brands International in a research report on Tuesday, December 12th. Finally, Royal Bank of Canada upped their target price on Restaurant Brands International to C$97.00 and gave the stock an “outperform” rating in a research report on Monday, October 23rd. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Restaurant Brands International currently has a consensus rating of “Buy” and a consensus price target of C$80.20.

Shares of Restaurant Brands International (TSE:QSR) opened at C$72.21 on Tuesday. The firm has a market capitalization of $34,270.00, a P/E ratio of 78.49 and a beta of 1.14. Restaurant Brands International has a 52-week low of C$69.33 and a 52-week high of C$88.36.

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About Restaurant Brands International

Restaurant Brands International Inc is a quick service restaurant (QSR) company. The Company had over 20,000 restaurants in more than 100 countries and the United States territories, as of December 31, 2016. It operates through two segments: Tim Hortons (TH) and Burger King (BK). Tim Hortons restaurants are quick service restaurants with a menu that includes blend coffee, tea, espresso-based hot and cold specialty drinks, baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps and soups, among others.

Analyst Recommendations for Restaurant Brands International (TSE:QSR)

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