Scotiabank Reaffirms Their Hold Rating on Restaurant Brands International (QSR)
In a report released today, John Zamparo from Scotiabank maintained a Hold rating on Restaurant Brands International, with a price target of $81.00.
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According to TipRanks, Zamparo is a 2-star analyst with an average return of 1.1% and a 45.45% success rate. Zamparo covers the Consumer Defensive sector, focusing on stocks such as George Weston, Loblaw Companies, and Dollarama.
In addition to Scotiabank, Restaurant Brands International also received a Hold from TD Cowen’s Andrew Charles in a report issued yesterday. However, on the same day, RBC Capital maintained a Buy rating on Restaurant Brands International (NYSE: QSR).
Based on Restaurant Brands International’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $2.52 billion and a net profit of $507 million. In comparison, last year the company earned a revenue of $2.41 billion and had a net profit of $189 million
Read More on QSR:
Disclaimer & DisclosureReport an Issue
- Restaurant Brands International Delivers Strong Q2 as Burger King and International Drive Growth
- Restaurant Brands reports Q2 adjusted EPS $1.07, consensus $1.04
- Is QSR a Buy, Before Earnings?
- SHOP, LULU, QSR: Canada’s Economy Shows Signs of Life and Returns to Growth
- Restaurant Brands price target lowered to $78 from $84 at Citi
