QSR has been the topic of several other research reports. Royal Bank of Canada raised their price objective on Restaurant Brands International to C$97.00 and gave the stock an outperform rating in a report on Monday, October 23rd. CSFB raised Restaurant Brands International from a neutral rating to an outperform rating in a report on Thursday, September 7th. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The stock presently has an average rating of Buy and an average target price of C$81.25.
Shares of Restaurant Brands International (QSR) opened at C$78.58 on Tuesday. Restaurant Brands International has a 52 week low of C$62.75 and a 52 week high of C$88.36.
In other Restaurant Brands International news, insider José E. Cil sold 23,732 shares of the firm’s stock in a transaction dated Monday, September 25th. The stock was sold at an average price of C$64.00, for a total transaction of C$1,518,848.00. Also, insider José E. Cil sold 96,872 shares of the firm’s stock in a transaction dated Friday, September 29th. The stock was sold at an average price of C$63.68, for a total value of C$6,168,808.96. In the last ninety days, insiders have sold 303,101 shares of company stock worth $19,528,386.
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About Restaurant Brands International
Restaurant Brands International Inc is a quick service restaurant (QSR) company. The Company had over 20,000 restaurants in more than 100 countries and the United States territories, as of December 31, 2016. It operates through two segments: Tim Hortons (TH) and Burger King (BK). Tim Hortons restaurants are quick service restaurants with a menu that includes blend coffee, tea, espresso-based hot and cold specialty drinks, baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps and soups, among others.
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