Scotiabank and RBC Capital Reduce Price Targets on Restaurant Brands International Inc. (QSR)

Scotiabank and RBC Capital have reduced their price targets on Restaurant Brands International Inc. (QSR) due to risks from soft US consumer trends, potential weakness in net restaurant growth, Burger King's EBITDA challenges, and Popeyes' market share pressure. Despite the target cuts, analysts remain positive on Tim Hortons, Burger King China, and international growth. QSR's revenue has grown 22.4% over the past year and maintains a 10-year dividend growth policy.

Scotiabank and RBC Capital have recently reduced their price targets on Restaurant Brands International Inc. (QSR) due to several risks identified in the current market conditions. These risks include soft US consumer trends, potential weakness in net restaurant growth, challenges faced by Burger King's EBITDA, and market share pressure on Popeyes Louisiana Kitchen. Despite these concerns, analysts remain optimistic about Tim Hortons, Burger King China, and the company's international growth prospects.

Scotiabank lowered its price target on QSR from $70 to $68, maintaining a 'Hold' rating. The investment firm cited ongoing policy-related risks and the potential for a slowdown in consumer spending as reasons for the reduction. RBC Capital, on the other hand, decreased its target from $75 to $73, also keeping a 'Hold' rating. The analyst attributed the cut to similar concerns about consumer trends and net restaurant growth.

Restaurant Brands International Inc., a quick-service restaurant company operating across the U.S., Canada, and internationally, owns popular brands such as Tim Hortons, Burger King, Popeyes Louisiana Kitchen, and Firehouse Subs. Despite the recent price target reductions, the company's revenue has grown by 22.4% over the past year, and it maintains a 10-year dividend growth policy. The company's strong performance in international markets, particularly in China, and the resilience of its brands like Tim Hortons, have been noted as positive factors.

The recent price target reductions underscore the cautious outlook of the investment community on the broader restaurant sector. However, the continued growth of the company's international operations and the resilience of its brands offer some optimism. Investors should closely monitor the company's earnings reports and any updates on its strategic initiatives to gauge its future performance.

References:
[1] https://finance.yahoo.com/news/bofa-morgan-stanley-reduce-pt-010511037.html
[2] https://www.marketbeat.com/instant-alerts/filing-aia-group-ltd-has-486-million-stake-in-restaurant-brands-international-inc-nyseqsr-2025-08-11/