Restaurant Brands International Inc (TSE:QSR) (NYSE:QSR) has received an average recommendation of “Buy” from the seven analysts that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is C$81.25.
A number of research firms have issued reports on QSR. Evercore ISI reiterated an “outperform” rating on shares of Restaurant Brands International in a report on Tuesday, December 12th. Evercore reiterated an “outperform” rating on shares of Restaurant Brands International in a report on Tuesday, December 12th. Finally, Royal Bank of Canada increased their price objective on shares of Restaurant Brands International to C$97.00 and gave the stock an “outperform” rating in a research note on Monday, October 23rd.
In other news, insider José E. Cil sold 39,409 shares of the stock in a transaction dated Friday, November 3rd. The shares were sold at an average price of C$66.01, for a total transaction of C$2,601,388.09. Also, insider José E. Cil sold 20,449 shares of the stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of C$65.00, for a total transaction of C$1,329,185.00. Over the last 90 days, insiders have sold 109,358 shares of company stock valued at $7,159,093.
Restaurant Brands International (TSE:QSR) traded down C$0.38 during mid-day trading on Friday, reaching C$77.95. The company’s stock had a trading volume of 394,358 shares, compared to its average volume of 396,415. The company has a market cap of $36,820.00, a PE ratio of 85.66 and a beta of 1.32. Restaurant Brands International has a 52-week low of C$63.18 and a 52-week high of C$88.36.
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 3rd. Stockholders of record on Friday, December 15th were paid a dividend of $0.262 per share. This represents a $1.05 dividend on an annualized basis and a dividend yield of 1.34%. This is an increase from Restaurant Brands International’s previous quarterly dividend of $0.20. The ex-dividend date was Thursday, December 14th. Restaurant Brands International’s dividend payout ratio is currently 81.32%.
COPYRIGHT VIOLATION NOTICE: This news story was originally reported by Transcript Daily and is the sole property of of Transcript Daily. If you are accessing this news story on another domain, it was stolen and republished in violation of US and international trademark & copyright law. The original version of this news story can be accessed at https://transcriptdaily.com/2018/01/10/brokerages-set-restaurant-brands-international-inc-qsr-pt-at-81-25.html.
About Restaurant Brands International
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.
Receive News & Ratings for Restaurant Brands International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Restaurant Brands International and related companies with MarketBeat.com's FREE daily email newsletter.