Restaurant Brands (NYSE:QSR) Rating Maintained

In a report made public on Thursday, 14 April, Restaurant Brands (NYSE:QSR) stock had its Overweight Rating maintained by stock research analysts at Piper Jaffray. They currently have a $44.00 target price on company. Piper Jaffray’s target would indicate a potential upside of 12.36 % from the company’s last stock close price.

According to data compiled by Thomson Reuters, Restaurant Brands (NYSE:QSR)’s stock is covered by 11 equity analysts across the Street, with 0 analysts giving it a Sell rating, 0 a Buy rating, while 0 consider it a Hold. The 12-month consensus target price for the stock is $42.82, which reflects an upside potential of 9.46% over the current price.

NYSE:QSR Price Chart & Trend

The stock price of Restaurant Brands has risen 2.2% over the last 200 days, and is in shaky up trend. In the last 50 and 100 days, Restaurant Brands is up 16.96% and up 11.99%, respectively. Our stocks momentum model is shown on the price chart below.

Source: RightEdge Systems, Yahoo Split & Dividend Adjusted Data and OctaFinance Trading Models

Restaurant Brands (NYSE:QSR) Profile

Restaurant Brands International Inc is the parent company for Tim Hortons Inc. and Burger King Worldwide, Inc. The Company operates more than 18,000 restaurants operating in 100 countries under its two distinct brands. Tim Hortons operates restaurant chains in North America and Canada.

Restaurant Brands (NYSE:QSR) traded down -1.51% on 14 April, hitting $39.12. A total of 334,459 shares of the company’s stock traded hands. This is down from average of 1.06M shares. Restaurant Brands has a 52 week low of $29.28 and a 52 week high of $44.6. The company has a market cap of $9.23B and a P/E ratio of 78.24.

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The post Analysts at Piper Jaffray Kept the Same their Overweight rating for Restaurant Brands (NYSE:QSR). The Price Objective is $44.00 appeared first on Octafinance.