RBC Capital Bullish on Restaurant Brands (QSR), calls it a ‘main idea’ in international franchised fast-food chains


Restaurant Brands International Inc. (NYSE:QSR) is one of the best stocks to buy according to Seth Klarman. As of December 12, QSR’s average price target suggests a 10% increase; however, the street high indicates a 36% increase. It is the largest holding in Seth Klarman’s portfolio, with a position worth $529.3 million.

On December 9, RBC Capital analyst Logan Reich maintained an outperform rating on Restaurant Brands with a price target of $82, up from $77. The investment firm sees QSR as a “main idea” among international franchised fast food names. The analyst told investors Restaurant Brands was one of his top picks because improving momentum at Burger King US, further development, smarter growth-focused investments and lower leverage are supporting the stock’s momentum.

Wall Street sees 36% gain in restaurant brands ( QSR )
Wall Street sees 36% gain in restaurant brands ( QSR )

Jonathan Weiss/Shutterstock.com

Earlier on December 2, analysts at Argus Research upgraded Restaurant Brands International Inc. (NYSE:QSR) to Buy from Hold with a price target of $85, according to TheFly. Analysts cited the company’s strong brands and better-priced menus amid an inflationary environment as supporting earnings.

Separately, on Nov. 10, the company announced it had entered into a joint venture with CPE, a Chinese alternative asset manager, to accelerate Burger King’s growth in China. This collaboration aims to expand the brand’s market presence to over 4,000 outlets by 2035, up from its existing network of approximately 1,250.

Restaurant Brands International Inc. (NYSE:QSR) is a global fast food company that owns and franchises several food and coffee chains, including Tim Hortons, Burger King, Popeyes and Firehouse Subs.

While we recognize the potential of QSR as an investment, we believe that certain AI stocks offer greater upside potential and less downside risk. If you’re looking for an extremely undervalued AI stock that will also benefit significantly from Trump-era tariffs and the onshoring trend, check out our free report on the best short term AI stock.

READ THE FOLLOWING: List of Dow 20 stocks: ranked by bullish hedge fund index i 10 Unstoppable Dividend Stocks to Buy Now.

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