In recent trading, shares of Restaurant Brands International Inc (NYSE: QSR) have crossed above the average analyst 12-month target price of $47.66, changing hands for $47.84/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level. Analyst reaction may also depend on the fundamental business developments that may be responsible for driving the stock price higher — if things are looking up for the company, perhaps it is time for that target price to be raised. Click here to find out The Top 25 Broker Analyst Picks of the S&P 500 »There are 9 different analyst targets contributing to that average for Restaurant Brands International Inc, but the average is just that — a mathematical average. And then on the other side of the spectrum one analyst has a target as high as $54.00.

Source: Forbes November 23, 2016 14:04 UTC