Burger King Share Price Target & Forecast for 2022, 2023, 2025, 2030 is high as there is huge demand and increasing outings of people after covid. Burger King share price target for year 2022 is Rs 180 to Rs 200 as per market analyst and technical analysis. Burger King made a best debut in stock market and made a high of 213.
Burger King is one of the best quick service restaurant in India and have more than 250 restaurant and looking to increase the franchise beyond 300 by 2022. Burger King India board approves for raising of funds for Rs 1500 crores for expansion by issuing securities. Burger King is also changing the brand name to “Restaurant Brands Asia Ltd” as per latest news.
Burger King revenue have also grown post covid and by 2022 revenue will be growing on a fast pace as now all restrictions have been lifted which was assigned in covid. QSR in India is also growing on a rapid pace and burger King is focusing on online as well as offline to acquire more and more customers. QSR business will increase year on year and young population is favouring this type of restaurants.
Burger King stock is strong even in this market fall, and thus burger king stock prediction in year 2022 is Rs 180 to Rs 200. As per burger king share analysis, there is strong support near 135 and resistance at 170. You must consult your financial advisor before investing in any stock.
Burger King have 265 stores as of March 2021 and opening new stores at new locations, by 2022 store count could be beyond 300. Huge growth potential and hence it is good stock for long term.