Restaurant Brands International (TSE:QSR) Stock Lifted to “Strong-Buy” by Mizuho

Restaurant Brands International (TSE:QSR) (NYSE:QSR) was upgraded by equities researchers at Mizuho to a “strong-buy” rating in a research note issued to investors on Tuesday, Zacks reports.

QSR has been the subject of a number of other reports. Argus lowered shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 25th. Seaport Research Partners raised shares of Restaurant Brands International to a “strong-buy” rating in a report on Tuesday, September 15th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of C$84.00.

Restaurant Brands International Stock Performance

TSE QSR opened at C$105.66 on Tuesday. The firm has a market cap of C$36.69 billion, a P/E ratio of 28.48, a price-to-earnings-growth ratio of 2.22 and a beta of 0.34. The company has a quick ratio of 0.80, a current ratio of 1.01 and a debt-to-equity ratio of 406.52. The company’s 50 day moving average is C$105.17 and its 200-day moving average is C$105.07. Restaurant Brands International has a 12-month low of C$89.08 and a 12-month high of C$113.10.

Insider Buying and Selling at Restaurant Brands International

In other news, Director Vicente Tome sold 2,258 shares of the company’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of C$112.93, for a total transaction of C$254,995.94. Following the sale, 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 currently 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.