Restaurant Brands International Inc (QSR) Price Target Raised to C$77.00

Stephens upgraded shares of Restaurant Brands International from an equal weight rating to an overweight rating and set a $52.00 price target on the stock in a report on Wednesday, October 19th.

Shares of Restaurant Brands International (NYSE:QSR) traded down 0.48% during midday trading on Wednesday, hitting $55.74.

On the company's financial health, Restaurant Brands International Inc reported $0.44 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Feb 13, 2017.

Previously on 2/22/2017, BMO Capital Markets reported about Restaurant Brands Int'l (TSE:QSR) raised the target price from $57.00 to $63.00. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company's stock. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company.

Restaurant Brands International (NYSE:QSR) last announced its quarterly earnings data on Monday, February 13th. (NYSE:QSR) shares have traded $7.60 off of the 50-day moving average of $50.00 and $10.43 off of the 200-day moving average of $47.17.

After a look at recent stock performance, Restaurant Brands International Inc. The company has a market capitalization of $12.63 billion, a PE ratio of 37.12 and a beta of 1.75. Credit Suisse Group boosted their price objective on Restaurant Brands International from $53.00 to $53.00 and gave the stock a neutral rating in a research report on Tuesday, February 14th.

Several company insiders have filed Insider transactions, on Sep 12, 2016, Motta Roberto Moses Thompson (director) purchased 22,000 shares at $46.98 per share price. Restaurant Brands International had a net margin of 13.22% and a return on equity of 21.52%. The business had revenue of $1.11 billion for the quarter, compared to analysts' expectations of $1.10 billion. Among 4 Analysts, Bottom line EPS Estimate for the current quarter is $0.33 while the top line estimate is $0.35, a key information to consider for Day Trading and investing in stocks. For the Most Recent Fiscal Year, Restaurant Brands International Inc. has a price to cash ratio of 14.13. Shareholders of record on Friday, March 3rd will be paid a $0.18 dividend. The ex-dividend date of this dividend is Wednesday, March 1st.

A total of 9 brokerages have issued a ratings update on Restaurant Brands Int'l. Hedge funds and other institutional investors own 72.78% of the company's stock. Tyers Asset Management LLC acquired a new stake in Restaurant Brands International during the fourth quarter valued at $137,000. Flinton Capital Management LLC bought a new stake in Restaurant Brands International during the fourth quarter worth $175,000. Los Angeles Capital Management & Equity Research Inc. acquired a new stake in Restaurant Brands International during the third quarter valued at $205,000. Smith Asset Management Group LP bought a new stake in Restaurant Brands International during the third quarter worth $190,000. Finally, Stratos Wealth Partners LTD. increased its stake in Restaurant Brands International by 6.9% in the third quarter. Recently Popeyes is one of the world's largest quick service restaurant chicken concepts with over 2,600 restaurants in the US and 25 other countries around the world and its global footprint will complement RBI's existing portfolio of over 20,000 restaurants in more than 100 countries and USA territories. The BURGER KING system operates in approximately 14000 locations serving more than 11 million guests daily in 100 countries and territories globally.

  • Zachary Reyes