Restaurant Brands International Inc (TSE:QSR) (NYSE:QSR) insider José E. Cil sold 50,000 shares of the stock in a transaction on Friday, June 16th. The shares were sold at an average price of C$60.00, for a total value of C$3,000,000.00.
Restaurant Brands International Inc (QSR) traded down 0.45% during mid-day trading on Friday, reaching $79.11. The company’s stock had a trading volume of 332,206 shares. Restaurant Brands International Inc has a 1-year low of $53.20 and a 1-year high of $84.19. The stock has a market capitalization of $18.64 billion and a P/E ratio of 54.82. The stock’s 50 day moving average price is $80.93 and its 200 day moving average price is $73.26.
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Separately, Scotiabank reiterated an “outperform” rating and issued a C$88.00 price objective on shares of Restaurant Brands International in a research note on Tuesday, April 25th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price 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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