Security and safety: PZA, a trusted brand, adapting quicklyAs per TD's Derek Lessard today: "PZA should gain share and outperform its peers in this difficult environment. In the long term, we expect PZA to also benefit in a post-"social distancing" world, where consumers could remain wary of frequenting casual dining establishments. Despite all this, PZA shares remain one of the cheapest QSRs stocks in North America and we can think of no good reason why they should not be trading at their pre-pandemic level of $10."
TD Securities has a BUY rating on PZA with a $10.50 price target citing a strong and growing delivery focus and strong value proposition due to its large scale as two main competitive advantages leading them to believe that there are "few better-placed QSRs in Canada that could outperform in this environment".