Burger King Operator Restaurant Brands Asia Eyes Trend Reversal: SEBI RA Orchid Research Sees Over 30% Upside

Published : Jun 20, 2025, 11:00 AM ISTUpdated : Jun 20, 2025, 09:02 PM IST
https://stocktwits.com/news-articles/markets/equity/restaurant-brands-asia-may-breakout-above-87-says-sebi-ra-oriental-research/chlxI3ZRRPb

Synopsis

The stock has seen a 28% rebound over the last three months after a prolonged downtrend, testing its 200-day EMA. The analyst believes a breakout above ₹87 could lead to upside targets of ₹110.

Restaurant Brands Asia, which operates Burger King in India, has shown signs of recovery in the past few months, noted SEBI-registered analyst Orchid Research.

Although the stock has generally been in a downtrend since its December 2020 listing, it attempted to break above its 200-day exponential moving average (EMA) on Thursday, suggesting a possible shift in long-term momentum, the analyst added.

Restaurant Brands Asia stock has declined nearly 30% since its listing, but has seen a rebound of over 28% in the past three months.

A breakout over the ₹85-87 resistance zone could see the stock surge to ₹110 in the next few months, the analyst said while cautioning a stoploss below ₹73 on a closing basis.

The company's net loss narrowed in Q4 FY25, while revenue climbed 6% due to the addition of 58 Burger King outlets.

Retail sentiment on Stocktwits was ‘bullish’ amid ‘extremely high’ message volumes.

At the time of writing, the stock was up 1.2% at ₹79.5. Year-to-date (YTD), its shares have gained 6.5%.

For updates and corrections, email newsroom[at]stocktwits[dot]com.

PREV
Read more
Read more Articles on

Recommended Stories

Bitcoin's Monthly Closes Keep Climbing From Its Summer Low As Ben Cowen Says Burden Of Proof Has Shifted To Bears
Jordi Visser Says Crypto Is At Its 'Micron Moment,' Sees Token Volumes Going 'Through The Roof'