Burger King (QSR) Stock Price has been rising for 3 consecutive weeks: is now the time to buy?
- Burger King Stock (QSR) is currently trading at $59.21.
- It is up +2.05 (3.59%) today.
- Here is a brief guide on where to buy QSR Stock.
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The price of the Burger King Stock (QSR) has been rising for the last 3 consecutive months on increased digital sales.
To help stock investors interested in investing in it, Invezz has created a brief article on what it is and where to buy it.
To find out more, please continue reading.
Where to trade Burger King Stock
What is Burger King Stock?
It is the stock of Burger King, which is among the restaurant chains owned by Restaurant Brands International Inc. (RBI). The Burger stock currently trades under the ticker of its parent company (NYSE: QSR) on the New York Stock exchange.
In a nutshell, Restaurant Brands International Inc. (RBI) is a Canadian-American multinational company that operates several restaurant chains also including Tim Hortons, and Popeyes.
The company is approximated to receive over 11 million people who dine in its restaurants around the world. And with such numbers, it has become one of the most sought-after stocks in the market.
Should I buy QSR stock today?
If you are looking for a tech stock that has been on the decline since Covid struck but has started rising again as things get back to normal, then the QSR stock could be a good choice.
Nevertheless, new variants of Covid-19 viruses are being detected now and then around the world and any serious outbreak would send the stock to its knees again.
QSR price prediction
After falling between mid-June, 2021 and the end of January 2022, the QSR stock has started rising again and analysts expect it to retest $65 by the end of the first quarter of 2022.