Restaurant Brands (QSR) 5 Analysts Update Coverage: Rate Consensus “Buy”

Analyst Ratings Coverage:

Here are the updated analyst ratings for Restaurant Brands International’s stock for today, Feb 14th, 2024:

1. Morningstar: They maintained their rating as “Hold” for RBI stock. This suggests a neutral stance, implying that investors may want to hold onto their current positions rather than buying more or selling. Their target price is CAD 104.
2. Scotia Capital: Despite maintaining their “Outperform” rating, Scotia Capital decreased their target price for RBI stock to CAD 108. An “Outperform” rating typically suggests that the analyst expects the stock to perform better than the overall market.
3. STA Research: They maintained their rating as “Hold” for RBI stock, suggesting a neutral stance similar to Morningstar. Their target price for RBI is CAD 90.
4. BMO Capital Markets: Despite maintaining an “Outperform” rating, BMO Capital Markets also decreased their target price for RBI stock to CAD 90. An “Outperform” rating implies that the analyst expects the stock to perform better than the overall market.
5. Truist Financial: They downgraded their target price for RBI stock while maintaining a “Buy” rating. This suggests that they believe the stock still has potential for growth, despite lowering their price target. Their new target price is CAD 87.