Brokerages Set Restaurant Brands International Inc (QSR) Target Price at $81.25

Restaurant Brands International Inc (TSE:QSR) (NYSE:QSR) has been assigned an average recommendation of “Buy” from the seven ratings firms that are covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is C$83.50.

Several equities research analysts have issued reports on the company. BMO Capital Markets set a C$72.00 price target on Restaurant Brands International and gave the stock an “outperform” rating in a report on Thursday. Royal Bank of Canada increased their price target on Restaurant Brands International to C$97.00 and gave the stock an “outperform” rating in a report on Monday, October 23rd. Evercore ISI restated an “outperform” rating on shares of Restaurant Brands International in a report on Tuesday, December 12th. Finally, Evercore restated an “outperform” rating on shares of Restaurant Brands International in a report on Tuesday, December 12th.

Restaurant Brands International (TSE:QSR) traded down C$0.51 during midday trading on Wednesday, reaching C$73.34. The company had a trading volume of 495,700 shares, compared to its average volume of 480,044. The company has a market capitalization of $34,390.00, a P/E ratio of 81.49 and a beta of 1.14. Restaurant Brands International has a fifty-two week low of C$63.51 and a fifty-two week high of C$88.36.

In other news, insider José E. Cil sold 20,449 shares of the company’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of C$65.00, for a total transaction of C$1,329,185.00. Also, insider José E. Cil sold 38,480 shares of the company’s stock in a transaction dated Monday, November 13th. The stock was sold at an average price of C$65.00, for a total value of C$2,501,200.00. Insiders sold 69,949 shares of company stock valued at $4,557,705 over the last 90 days.

WARNING: This report was originally posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this report on another site, it was illegally copied and reposted in violation of US and international trademark and copyright law. The correct version of this report can be viewed at https://sportsperspectives.com/2018/02/03/brokerages-set-restaurant-brands-international-inc-qsr-target-price-at-81-25.html.

Restaurant Brands International Company Profile

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.

Analyst Recommendations for Restaurant Brands International (TSE:QSR)

Receive News & Ratings for Restaurant Brands International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Restaurant Brands International and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply