RBC cuts target to USD 79 for Restaurant Brands International stock

Published on 10/20/2026 at 19:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue hit USD 2.52 billion. Restaurant Brands International stock costs EUR 67.35 on October 20, 2026, 1.55 percent above Tradegate close.

Analyst target and operating figures

Royal Bank of Canada cut its target from USD 80.00 to USD 79.00 on October 19, 2026.
Second-quarter revenue reached USD 2.52 billion on June 30, 2026.
Restaurant Brands International stock costs EUR 67.35 at Lang & Schwarz on October 20, 2026 at 7:02 p.m. CEST, 1.55 percent above the Tradegate close of October 19, 2026.
Restaurant Brands International is scheduled to report third-quarter results on October 29, 2026.

QSR, CA76131D1033, Illustration mit AI erstellt.

Restaurant Brands International (ISIN CA76131D1033) faces a lower USD 79.00 price target after Royal Bank of Canada cut its forecast from USD 80.00 while keeping a neutral rating on October 19, 2026, according to MarketBeat. The new target is 4.44 percent above the USD 75.64 primary-exchange price recorded on October 20, 2026. Restaurant Brands International stock was trading at EUR 67.35 at Lang & Schwarz on October 20, 2026 at 7:02 p.m. CEST, up 1.55 percent versus the Tradegate close of October 19, 2026 at EUR 66.32.

Second-quarter revenue reached USD 2.52 billion

Restaurant Brands International reported USD 2.52 billion in second-quarter revenue for the period ended June 30, 2026. Adjusted earnings per share rose 12.90 percent year over year to USD 1.07, while comparable sales increased 3.80 percent, according to Benzinga. The company also reported 6.40 percent system-wide sales growth and 6.70 percent organic adjusted operating income growth for the quarter.

Price sits within its yearly range

The primary-exchange quote was USD 75.64 on October 20, 2026 at 1:05 p.m. ET. The stock's 52-week range was USD 64.52 to USD 81.96, placing the current quote USD 6.32 below its yearly high and USD 11.12 above its yearly low. Trading volume stood at 564,290 shares at that timestamp.

What does the target cut imply?

Royal Bank of Canada's move leaves the target below the USD 83.50 average target cited by MarketBeat for 24 analysts. Restaurant Brands International had a market capitalization of USD 26.4 billion and a price-to-earnings ratio of 22.31 on October 20, 2026. The next scheduled event is the company's third-quarter results on October 29, 2026, as noted in the second-quarter earnings call transcript.

RBI keeps earnings dates ahead

The operating figures provide a measured counterweight to the target reduction. Burger King comparable sales rose 8.60 percent in the second quarter, while Popeyes comparable sales fell 5.10 percent, showing how differently the brands contributed to the consolidated result.

Restaurant Brands International stock was trading at EUR 67.35 at Lang & Schwarz on October 20, 2026 at 7:02 p.m. CEST, 1.55 percent above the Tradegate close of October 19, 2026 at EUR 66.32. The further course of trading is shown by the continuously updated real-time quote of Restaurant Brands International stock.