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Investing.com - Guggenheim raised its price target on Restaurant Brands International (NYSE:QSR) to $78.00 from $77.00 on Wednesday, while maintaining a Buy rating on the stock. According to InvestingPro data, analyst targets for QSR range from $60 to $93, with the stock currently trading at a P/E ratio of 24.5x.
The price target increase follows Restaurant Brands’ earnings report released last week, with Guggenheim citing stronger same-store sales expectations for Tim Hortons Canada and International segments. The company has demonstrated solid financial performance, maintaining dividend payments for 11 consecutive years with a current yield of 3.8%.
Guggenheim revised its earnings per share estimates for Restaurant Brands to $3.64 for 2025 and $3.92 for 2026, up from previous forecasts of $3.63 and $3.85 respectively. The firm noted that a significant portion of the upward earnings revision is attributable to foreign exchange factors.
The research firm maintained its valuation methodology of 20 times price-to-earnings ratio on 2026 EPS estimates, resulting in the new $78 price target.
Guggenheim observed that Restaurant Brands shares have seen limited support following earnings, partly due to missed unit growth targets and concerns about McDonald’s aggressive value positioning expected in the second half of 2025.
In other recent news, Restaurant Brands International has been the focus of several analyst reports following its second-quarter performance. RBC Capital lowered its price target for the company to $77.00 while maintaining an Outperform rating, describing the quarter as "mixed." Meanwhile, Bernstein SocGen reiterated its Outperform rating with a price target of $80.00, expressing satisfaction with the company’s performance despite challenging economic conditions. Melius Research initiated coverage with a Buy rating and a $90.00 price target, noting the company’s growth phase across its brand portfolio. Truist Securities raised its price target to $81.00, maintaining a Buy rating, and projected Burger King’s U.S. same-store sales to exceed consensus estimates in the second quarter of 2025. Loop Capital also reiterated a Buy rating with a $93.00 price target, citing stronger-than-expected sales at Burger King locations. Their research showed that same-store sales at Burger King accelerated significantly in recent weeks. These developments highlight varied analyst perspectives on Restaurant Brands International’s potential growth and performance.
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