Restaurant Brands International Inc (TSE:QSR) (NYSE:QSR) insider José E. Cil sold 50,000 shares of Restaurant Brands International stock in a transaction that occurred on Friday, June 16th. The stock was sold at an average price of C$60.00, for a total value of C$3,000,000.00.
Shares of Restaurant Brands International Inc (TSE:QSR) traded up 1.64% during trading on Monday, reaching $81.78. The company had a trading volume of 732,421 shares. The firm’s 50 day moving average price is $80.21 and its 200 day moving average price is $72.12. The firm has a market capitalization of $19.27 billion and a P/E ratio of 56.67. Restaurant Brands International Inc has a 12 month low of $51.45 and a 12 month high of $84.19.
QSR has been the topic of a number of research analyst reports. Scotiabank reaffirmed an “outperform” rating and issued a C$88.00 price target on shares of Restaurant Brands International in a research note on Tuesday, April 25th. Goldman Sachs Group, Inc. (The) lifted their price target on Restaurant Brands International from C$71.00 to C$77.00 and gave the stock a “neutral” rating in a research note on Thursday, February 23rd. BMO Capital Markets lifted their price target on Restaurant Brands International from C$57.00 to C$63.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 22nd. Finally, Royal Bank Of Canada lifted their price target on Restaurant Brands International to C$83.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 22nd. One investment 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 stock 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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