Restaurant Brands International Inc (TSE:QSR) (NYSE:QSR) insider José E. Cil sold 589 shares of the company’s stock in a transaction dated Tuesday, June 13th. The stock was sold at an average price of C$58.00, for a total value of C$34,162.00.
Restaurant Brands International Inc (QSR) traded down 0.51% during mid-day trading on Tuesday, hitting $81.36. The stock had a trading volume of 290,079 shares. Restaurant Brands International Inc has a 1-year low of $51.45 and a 1-year high of $84.19. The firm’s 50-day moving average price is $80.35 and its 200-day moving average price is $72.37. The stock has a market cap of $19.17 billion and a PE ratio of 56.38.
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Several research analysts recently commented on the company. Scotiabank reissued an “outperform” rating and set a C$88.00 price target on shares of Restaurant Brands International in a research report on Tuesday, April 25th. Royal Bank Of Canada increased their price target on Restaurant Brands International to C$83.00 and gave the company an “outperform” rating in a research report on Wednesday, February 22nd. BMO Capital Markets increased their price target on Restaurant Brands International from C$57.00 to C$63.00 and gave the company an “outperform” rating in a research report on Wednesday, February 22nd. Finally, Goldman Sachs Group, Inc. (The) increased their price target on Restaurant Brands International from C$71.00 to C$77.00 and gave the company a “neutral” rating in a research report on Thursday, February 23rd. One investment analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. Restaurant Brands International has an average rating of “Hold” and a consensus price target of C$77.75.
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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