Restaurant Brands International (NYSE:QSR)‘s stock had its “neutral” rating reiterated by equities research analysts at Credit Suisse Group AG in a research report issued to clients and investors on Friday. They currently have a $45.00 price target on the stock. Credit Suisse Group AG’s price objective would indicate a potential upside of 0.94% from the company’s current price.

A number of other research analysts also recently commented on the company. OTR Global raised Restaurant Brands International from a “mixed” rating to a “positive” rating in a research note on Monday, July 18th. BMO Capital Markets began coverage on Restaurant Brands International in a research note on Friday, October 14th. They set an “outperform” rating for the company. Longbow Research downgraded Restaurant Brands International from a “neutral” rating to an “underperform” rating and set a $35.00 target price for the company. in a research note on Monday, September 26th. Piper Jaffray Cos. reissued an “overweight” rating and set a $52.00 target price on shares of Restaurant Brands International in a research note on Monday, August 29th. Finally, Zacks Investment Research raised Restaurant Brands International from a “hold” rating to a “strong-buy” rating and set a $50.00 target price for the company in a research note on Thursday, October 6th. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and seven have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $46.18.

Analyst Recommendations for Restaurant Brands International (NYSE:QSR)

Shares of Restaurant Brands International (NYSE:QSR) opened at 44.58 on Friday. The firm has a market capitalization of $10.44 billion, a P/E ratio of 37.12 and a beta of 1.77. Restaurant Brands International has a 12 month low of $29.28 and a 12 month high of $49.12. The company has a 50 day moving average of $44.61 and a 200-day moving average of $44.00.

Restaurant Brands International (NYSE:QSR) last posted its quarterly earnings results on Monday, October 24th. The company reported $0.43 EPS for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.02. The business earned $1.08 billion during the quarter, compared to the consensus estimate of $1.06 billion. Restaurant Brands International had a return on equity of 20.84% and a net margin of 11.77%. Restaurant Brands International’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.34 earnings per share. Analysts predict that Restaurant Brands International will post $1.55 EPS for the current year.

In other Restaurant Brands International news, Director Motta Roberto Moses Thompson purchased 22,000 shares of the business’s stock in a transaction on Thursday, September 8th. The shares were purchased at an average cost of $46.98 per share, for a total transaction of $1,033,560.00. Following the acquisition, the director now owns 7,440 shares of the company’s stock, valued at $349,531.20. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 4.20% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in the stock. FMR LLC raised its stake in Restaurant Brands International by 2.2% in the second quarter. FMR LLC now owns 11,518,528 shares of the company’s stock worth $479,482,000 after buying an additional 253,000 shares during the last quarter. Royal Bank of Canada raised its stake in shares of Restaurant Brands International by 22.6% in the second quarter. Royal Bank of Canada now owns 9,425,588 shares of the company’s stock valued at $392,104,000 after buying an additional 1,739,079 shares in the last quarter. Principal Financial Group Inc. raised its stake in shares of Restaurant Brands International by 4.3% in the third quarter. Principal Financial Group Inc. now owns 6,583,247 shares of the company’s stock valued at $293,481,000 after buying an additional 272,224 shares in the last quarter. Bank of Montreal Can raised its stake in shares of Restaurant Brands International by 9.2% in the third quarter. Bank of Montreal Can now owns 6,263,425 shares of the company’s stock valued at $279,224,000 after buying an additional 528,219 shares in the last quarter. Finally, Vanguard Group Inc. raised its stake in shares of Restaurant Brands International by 13.6% in the second quarter. Vanguard Group Inc. now owns 4,214,460 shares of the company’s stock valued at $175,321,000 after buying an additional 503,446 shares in the last quarter. 73.74% of the stock is owned by institutional investors and hedge funds.

About Restaurant Brands International

Restaurant Brands International Inc is a quick service restaurant (QSR) company. The Company operates approximately 19,000 restaurants in over 100 countries and the United States territories. Its Burger King (BK) and Tim Hortons (TH) brands have similar franchised business models. The Company operates through two segments: TH, which includes all operations of its Tim Hortons brand and BK, which includes all operations of its Burger King brand.

5 Day Chart for NYSE:QSR

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