Restaurant Brands International (QSR) Rating Reiterated by Evercore ISI

Restaurant Brands International (TSE:QSR) (NYSE:QSR)‘s stock had its “outperform” rating reaffirmed by Evercore ISI in a research note issued on Tuesday, reports.

Several other research firms also recently issued reports on QSR. Royal Bank of Canada boosted their price objective on Restaurant Brands International to C$97.00 and gave the company an “outperform” rating in a report on Monday, October 23rd. CSFB upgraded Restaurant Brands International from a “neutral” rating to an “outperform” rating in a report on Thursday, September 7th. Finally, Evercore reiterated an “outperform” rating on shares of Restaurant Brands International in a report on Tuesday. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Restaurant Brands International presently has an average rating of “Buy” and a consensus price target of C$81.25.

Restaurant Brands International (TSE:QSR) traded down C$0.41 during mid-day trading on Tuesday, hitting C$77.69. The company had a trading volume of 371,693 shares, compared to its average volume of 391,977. 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 company’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 company’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 90 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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