Restaurant Brands International Inc (QSR) Upgraded at CSFB
Restaurant Brands International Inc (TSE:QSR) (NYSE:QSR) was upgraded by CSFB from a “neutral” rating to an “outperform” rating in a report released on Thursday.
Restaurant Brands International (TSE QSR) traded up 2.58% during midday trading on Thursday, hitting $75.92. The stock had a trading volume of 446,596 shares. The firm has a market capitalization of $17.94 billion and a P/E ratio of 53.13. The firm has a 50-day moving average of $76.31 and a 200 day moving average of $77.22. Restaurant Brands International has a 52-week low of $57.23 and a 52-week high of $84.19.
WARNING: This news story was originally published by American Banking News and is owned by of American Banking News. If you are viewing this news story on another publication, it was illegally copied and republished in violation of U.S. & international copyright and trademark law. The original version of this news story can be read at https://www.americanbankingnews.com/2017/09/07/restaurant-brands-international-inc-qsr-upgraded-at-csfb.html.
In other Restaurant Brands International news, insider José E. Cil sold 19,688 shares of Restaurant Brands International stock in a transaction on Thursday, June 15th. The shares were sold at an average price of C$59.75, for a total value of C$1,176,358.00. Also, insider José E. Cil sold 50,000 shares of Restaurant Brands International stock in a transaction on Friday, June 16th. The shares were sold at an average price of C$60.00, for a total transaction of C$3,000,000.00. Insiders sold 70,377 shares of company stock valued at $4,216,347 in the last ninety days.
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.
Receive News & Ratings for Restaurant Brands International Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Restaurant Brands International Inc and related companies with MarketBeat.com's FREE daily email newsletter.