Restaurant Brands International (QSR) Price Target Lowered to C$69.00 at Cowen
A number of other equities analysts have also recently weighed in on the stock. Evercore restated an outperform rating on shares of Restaurant Brands International in a research report on Tuesday, December 12th. Evercore ISI reaffirmed an outperform rating on shares of Restaurant Brands International in a report on Tuesday, December 12th. Royal Bank of Canada upped their target price on shares of Restaurant Brands International to C$97.00 and gave the stock an outperform rating in a report on Monday, October 23rd. Finally, BMO Capital Markets set a C$72.00 target price on shares of Restaurant Brands International and gave the stock an outperform rating in a report on Thursday, February 1st. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of Buy and a consensus target price of C$80.20.
Restaurant Brands International (QSR) opened at C$72.82 on Tuesday. The firm has a market cap of $33,820.00, a price-to-earnings ratio of 79.13 and a beta of 1.14. Restaurant Brands International has a 12-month low of C$69.33 and a 12-month high of C$88.36.
In other news, insider José E. Cil sold 20,449 shares of the company’s stock in a transaction on Thursday, November 16th. The shares were sold at an average price of C$65.00, for a total transaction of C$1,329,185.00.
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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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