Shares of an international QSR chain in India and the national master franchisee of the Burger King brand in India are in focus on the stock exchanges, after Motilal Oswal maintained a ‘buy’ rating on the stock with a target price of Rs. 120 apiece, indicating a potential upside of around 86 percent from current price levels.
With a market cap of Rs. 3,755.5 crores, shares of Restaurant Brands Asia Limited is currently trading in the green at Rs. 64.5 on BSE, up by around 0.5 percent, compared to its previous closing price of Rs. 64.21. The stock has delivered negative returns of around 24 percent in one year, and has fallen by over 8 percent in the last one month.
Brokerage Target & Outlook
Domestic brokerage firm Motilal Oswal Financial Services has reiterated its “buy” rating on

Trade Brains

Raw Story