Restaurant Brands International Inc (QSR) Price Target Increased to C$97.00 by Analysts at Royal Bank Of Canada
Restaurant Brands International Inc (TSE:QSR) (NYSE:QSR) had its target price boosted by Royal Bank Of Canada to C$97.00 in a research report issued on Monday, StockTargetPrices.com reports. The firm presently has an “outperform” rating on the stock. Royal Bank Of Canada’s target price suggests a potential upside of 15.08% from the stock’s current price.
Separately, CSFB raised shares of Restaurant Brands International from a “neutral” rating to an “outperform” rating in a report on Thursday, September 7th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and an average price target of C$81.25.
Restaurant Brands International (TSE:QSR) traded down 0.92% on Monday, hitting $84.29. 332,391 shares of the stock traded hands. The company has a market cap of $19.91 billion and a price-to-earnings ratio of 58.99. The stock has a 50-day moving average price of $79.83 and a 200 day moving average price of $78.74. Restaurant Brands International has a 1-year low of $57.37 and a 1-year high of $85.68.
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In other Restaurant Brands International news, insider José E. Cil sold 96,872 shares of the company’s stock in a transaction dated Friday, September 29th. The shares were sold at an average price of C$63.68, for a total transaction of C$6,168,808.96. Also, Director Ali Hedayat acquired 2,000 shares of the company’s stock in a transaction on Friday, August 4th. The shares were acquired at an average cost of C$77.50 per share, for a total transaction of C$155,000.00. Insiders sold a total of 193,743 shares of company stock worth $12,369,293 over the last three months.
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.
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