TD Cowen Keeps Their Hold Rating on Restaurant Brands International (QSR)

TD Cowen analyst Andrew Charles maintained a Hold rating on Restaurant Brands International today and set a price target of $70.00. The company’s shares opened today at $67.70.

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According to TipRanks, Charles is a 4-star analyst with an average return of 7.7% and a 51.01% success rate. Charles covers the Consumer Cyclical sector, focusing on stocks such as McDonald’s, CAVA Group, Inc., and Starbucks.

Currently, the analyst consensus on Restaurant Brands International is a Moderate Buy with an average price target of $75.56, implying an 11.61% upside from current levels. In a report released on October 1, TR | OpenAI – 4o also initiated coverage with a Hold rating on the stock with a $72.00 price target.

Based on Restaurant Brands International’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $2.41 billion and a net profit of $189 million. In comparison, last year the company earned a revenue of $2.08 billion and had a net profit of $280 million