- Restaurant Brands International (QSR, Financial) shows recovery in March spending, aided by favorable weather.
- Analysts provide a positive outlook with potential price increase of 23.79%.
- GF Value suggests further upside potential of 43.9% from current levels.
Restaurant Brands International Inc. (NYSE: QSR) has experienced a positive shift in March restaurant spending. This improvement is attributed to favorable weather conditions and the calendar effects observed in February. Nevertheless, amidst these encouraging trends, Bank of America raises concerns that the first quarter estimates may be overly optimistic. They warn that QSR, along with other companies, could encounter challenges in meeting these heightened expectations due to persistent market uncertainties.
Analyst Predictions: Price Targets and Recommendations
Current forecasts from 14 Wall Street analysts suggest a one-year average price target for Restaurant Brands International Inc. (QSR, Financial) at $77.76. This estimate ranges from a high of $93.00 to a low of $65.00. Notably, this average target predicts a potential increase of 23.79% from the stock’s current price of $62.82. For more comprehensive details, investors can visit the Restaurant Brands International Inc (QSR) Forecast page.
When looking at the consensus of 16 brokerage firms, the average recommendation for QSR stands at 2.1, indicating an "Outperform" rating. This rating is part of a scale where 1 signifies a "Strong Buy" and 5 represents a "Sell" recommendation.
Evaluating GF Value for Potential Growth
Leveraging data from GuruFocus, the projected GF Value for Restaurant Brands International Inc. (QSR, Financial) in the next year is calculated at $90.40. This forecast suggests an impressive upside of 43.9% from the stock's current price of $62.82. The GF Value is derived from the historical trading multiples of the stock, the company's past growth trajectory, and future performance projections. Investors seeking deeper insights can explore more information on the Restaurant Brands International Inc (QSR) Summary page.
In summary, while external market factors pose potential challenges, the overall outlook for Restaurant Brands International (QSR, Financial) remains optimistic with substantial growth potential as indicated by both analyst estimates and GF Value calculations.
