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Restaurant Brands International Inc
Symbol QSR
Shares Issued 327,760,801
Close 2025-07-29 C$ 94.77
Market Cap C$ 31,061,891,111
Recent Sedar+ Documents

Globe says Restaurant Brands maintained at "neutral"

2025-07-29 07:49 ET - In the News

The Globe and Mail reports in its Tuesday edition that Citi analyst Jon Tower continues to rate Restaurant Brands International "neutral." The Globe's David Leeder writes that Mr. Tower gave his share target a $2 boost to $76 (all figures U.S.). Analysts on average target the shares at $77.16. Mr. Tower says in a note: "The company has demonstrated an ability to improve franchisee profitability in core home markets across the portfolio and we expect this broadly continues, along with strong unit growth for Burger King International, ramping of Popeyes Louisiana Kitchen brand globally and solid comp growth at Tim Hortons Canada. However, limited visibility into the economics of nascent businesses outside core markets (e.g., Popeyes Louisiana Kitchen International, Tim Hortons International, FHS [Firehouse Subs]) means its difficult to underwrite new restaurant growth returning to and sustaining at more than 5 per cent and layering this into valuation. At the same time, we see above average room for near- to medium-term estimate volatility related to the Burger King U.S. brand repositioning/reinvestment (including the integration of the TAST business) particularly as the competitive set struggles to drive traffic."

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