RBC Capital Boosts Restaurant Brands (QSR) Target on Continued Momentum

Restaurant Brands International Inc. (NYSE:QSR) is included among the 10 Best Food Stocks with Highest Dividends.

On April 21, RBC Capital raised its price recommendation on Restaurant Brands International Inc. (NYSE:QSR) to $90 from $83. It reiterated an Outperform rating ahead of Q1 results. The analyst said the company’s positive momentum continued through the quarter. Burger King and international segments have stood out in recent periods.

RBC noted that BK US still has room for improvement. Ongoing renovations, menu innovation, and more targeted marketing toward key demographics are expected to support progress. The firm also said Tim Hortons could start to feel pressure from slower population growth in Canada, though it continues to outperform the category.

Restaurant Brands International Inc. (NYSE:QSR) is a quick-service restaurant company. It franchises and operates restaurants that serve coffee, beverages, and food products. Its segments include Tim Hortons, Burger King, Popeyes Louisiana Kitchen, Firehouse Subs, International, and Restaurant Holdings.

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