Restaurant Brands International (QSR) Given a C$72.00 Price Target at BMO Capital Markets

Restaurant Brands International (TSE:QSR) (NYSE:QSR) has been assigned a C$72.00 target price by research analysts at BMO Capital Markets in a research report issued to clients and investors on Thursday. The firm presently has an “outperform” rating on the stock. BMO Capital Markets’ target price would suggest a potential downside of 2.51% from the company’s current price.

A number of other brokerages have also commented on QSR. Evercore reiterated an “outperform” rating on shares of Restaurant Brands International in a research report on Tuesday, December 12th. Evercore ISI reiterated an “outperform” rating on shares of Restaurant Brands International in a research report on Tuesday, December 12th. Finally, Royal Bank of Canada lifted their price objective on Restaurant Brands International to C$97.00 and gave the stock an “outperform” rating in a research report on Monday, October 23rd. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of C$83.50.

Shares of Restaurant Brands International (QSR) traded down C$0.45 during trading hours on Thursday, hitting C$73.85. The stock had a trading volume of 457,572 shares, compared to its average volume of 508,721. Restaurant Brands International has a 52 week low of C$63.51 and a 52 week high of C$88.36. The firm has a market capitalization of $34,960.00, a price-to-earnings ratio of 81.15 and a beta of 1.32.

In other Restaurant Brands International news, insider José E. Cil sold 39,409 shares of the firm’s stock in a transaction dated Friday, November 3rd. The stock was sold at an average price of C$66.01, for a total transaction of C$2,601,388.09. Also, insider José E. Cil sold 11,020 shares of the firm’s stock in a transaction dated Tuesday, November 7th. The stock was sold at an average price of C$66.00, for a total value of C$727,320.00. Over the last quarter, insiders sold 109,358 shares of company stock valued at $7,159,093.

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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)

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