Restaurant Brands International Inc. (TSE:QSR) Given Average Rating of “Hold” by Brokerages

Restaurant Brands International Inc. (TSE:QSRGet Rating) (NYSE:QSR) has received a consensus rating of “Hold” from the twenty-three ratings firms that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have given a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is C$72.17.

QSR has been the topic of several recent research reports. Barclays reduced their price target on Restaurant Brands International to C$77.00 and set an “overweight” rating on the stock in a research note on Thursday, June 9th. Evercore ISI reissued a “buy” rating and issued a C$75.00 target price on shares of Restaurant Brands International in a report on Tuesday, May 31st. Citigroup downgraded Restaurant Brands International to a “hold” rating and set a C$64.00 target price on the stock. in a report on Monday, April 11th. Oppenheimer reissued a “buy” rating and issued a C$70.00 target price on shares of Restaurant Brands International in a report on Monday, April 25th. Finally, Stifel Nicolaus downgraded Restaurant Brands International from a “buy” rating to a “hold” rating and dropped their target price for the stock from C$68.00 to C$58.00 in a report on Tuesday, May 3rd.

QSR opened at C$63.18 on Friday. The company has a debt-to-equity ratio of 367.76, a quick ratio of 0.81 and a current ratio of 0.92. Restaurant Brands International has a 52-week low of C$60.37 and a 52-week high of C$85.30. The stock has a market capitalization of C$19.51 billion and a PE ratio of 17.76. The stock’s 50 day moving average price is C$67.44 and its 200-day moving average price is C$71.06.

Restaurant Brands International (TSE:QSRGet Rating) (NYSE:QSR) last posted its earnings results on Tuesday, May 3rd. The company reported C$0.81 earnings per share (EPS) for the quarter, beating the consensus estimate of C$0.77 by C$0.04. The business had revenue of C$1.84 billion for the quarter, compared to analysts’ expectations of C$1.80 billion. Research analysts forecast that Restaurant Brands International will post 4.0406448 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 6th. Shareholders of record on Wednesday, June 22nd will be given a $0.694 dividend. This is a boost from Restaurant Brands International’s previous quarterly dividend of $0.69. The ex-dividend date is Tuesday, June 21st. This represents a $2.78 dividend on an annualized basis and a yield of 4.39%. Restaurant Brands International’s dividend payout ratio is presently 59.88%.

About Restaurant Brands International (Get Rating)

Restaurant Brands International Inc operates as quick service restaurant company in Canada and internationally. It operates through four segments: Tim Hortons (TH), Burger King (BK), Popeyes Louisiana Kitchen (PLK), and Firehouse Subs (FHS). The company owns and franchises TH chain of donut/coffee/tea restaurants that offer blend coffee, tea, and espresso-based hot and cold specialty drinks; and fresh baked goods, including donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, and others.

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Analyst Recommendations for Restaurant Brands International (TSE:QSR)

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