Restaurant Brands International (TSE:QSR) Raised to “Strong-Buy” at Seaport Research Partners

Restaurant Brands International (TSE:QSR) (NYSE:QSR) was upgraded by Seaport Research Partners to a “strong-buy” rating in a research note issued on Tuesday, Zacks reports.

Restaurant Brands International Stock Down 0.3%

Shares of TSE QSR opened at C$104.85 on Tuesday. The business has a 50-day moving average of C$106.42 and a two-hundred day moving average of C$104.86. The company has a market capitalization of C$36.41 billion, a price-to-earnings ratio of 28.26, a price-to-earnings-growth ratio of 2.22 and a beta of 0.31. Restaurant Brands International has a 1 year low of C$86.71 and a 1 year high of C$113.10. The company has a debt-to-equity ratio of 406.52, a current ratio of 1.01 and a quick ratio of 0.80.

Insider Buying and Selling

In other Restaurant Brands International news, Director Vicente Tome sold 2,258 shares of the stock in a transaction that occurred on Thursday, September 3rd. The shares were sold at an average price of C$112.93, for a total value of C$254,995.94. Following the transaction, the director directly owned 13,264 shares in the company, valued at C$1,497,903.52. This represents a 14.55% decrease in their ownership of the stock. 1.24% of the stock is owned by corporate insiders.

About Restaurant Brands International

Restaurant Brands International Inc is one of the world’s largest quick service restaurant companies with nearly $49 billion in annual system-wide sales and over 33,000 restaurants in more than 120 countries and territories. RBI owns four of the world’s most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®. These independently operated brands have been serving their respective guests, franchisees and communities for decades. Through its Restaurant Brands for Good framework, RBI is improving sustainable outcomes related to its food, the planet, and people and communities.