Cowen & Co. Maintains a Hold Rating on Restaurant Brands International (QSR)

Cowen & Co. analyst Andrew Charles maintained a Hold rating on Restaurant Brands International (QSRResearch Report) today and set a price target of $65.00. The company’s shares closed last Friday at $59.59.

According to TipRanks.com, Charles is a 5-star analyst with an average return of 12.1% and a 61.3% success rate. Charles covers the Services sector, focusing on stocks such as Jack In The Box, Domino’s Pizza, and Shake Shack.

Currently, the analyst consensus on Restaurant Brands International is a Moderate Buy with an average price target of $64.69, a 10.1% upside from current levels. In a report released yesterday, Citigroup also maintained a Hold rating on the stock with a $66.00 price target.

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The company has a one-year high of $66.54 and a one-year low of $46.68. Currently, Restaurant Brands International has an average volume of 1.49M.

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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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