Quick service restaurant (QSR) operations are carried out by holding firm Restaurant Brands International, Inc. Tim Hortons, Burger King, and Popeyes are its three operating divisions. The Tim Hortons sector offers restaurant services for donuts, coffee, and tea. The Burger King part runs a fast-casual burger joint. The fast-service restaurant industry’s chicken category is managed by the Popeyes division. The business was established on August 25, 2014, and has its main offices in Toronto, Canada.
In the medium-long term, Restaurant Brands International has broken through the rising trend channel’s floor, indicating a weaker initial increasing pace. Between a support level of 100 and a resistance level of 104, the stock is trading within a rectangular pattern.
The current price of QSR stock as of 2023 July 19, Wednesday is 77.780$, and according to our data, the asset price has been rising over the past year (or since it started).
Since the stock price of Restaurant Brands International has been trending upward, we assume that over the specified time period, similar market categories were very well-liked.
The Restaurant Brands International, Inc. stock price finished at $ 77.79, and the company has a market size of $ 35.46 billion (44 million shares are now outstanding). Restaurant Brands International, Inc. trades under the symbol QSR on the New York Stock Exchange. The price of Restaurant Brands International, Inc. has increased by 0.69% over the previous day. The current stock price estimate for Restaurant Brands International, Inc. is optimistic. The trailing-twelve-month dividend rate for Restaurant Brands International, Inc. is $2.08 per share with a dividend yield of 0.04%.
Highlights
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Indicators
By July 24, 2023, Restaurant Brands International shares will be worth $78.57 per share, up 1.01% from today’s QSR stock estimate. Our technical indicators indicate that the market is now bullish, despite the Fear & Greed Index reading of 39 (Fear). With 1.19% price volatility over the previous 30 days, QSR stock experienced 15 out of 30 (or 50%) green days. It is a good opportunity to buy QSR stock right now based on our Restaurant Brands International stock forecast because the stock is now trading 1.00% below our prediction.
Assuming that Restaurant Brands International shares will continue to increase at the same average annual rate as they did in the previous 10 years, the Restaurant Brands International stock projection for 2025 is currently $ 89.79. The price of QSR shares would increase by 15.42% as a result.
If Restaurant Brands International’s stock continues to increase at its current 10-year average rate, it will reach a value of $128.52 in 2030. The Restaurant Brands International stock forecast for 2030 indicates that QSR will increase in value by 65.21% from its present price.
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