Restaurant Brands International (TSE:QSR) Stock Rating Upgraded by Argus

Restaurant Brands International (TSE:QSR) (NYSE:QSR) was upgraded by stock analysts at Argus from a “hold” rating to a “strong-buy” rating in a report issued on Wednesday,Zacks.com reports.

Several other research analysts have also weighed in on the stock. TD Cowen lowered shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 14th. Guggenheim raised shares of Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 24th.

Restaurant Brands International Trading Down 0.2 %

QSR opened at C$97.31 on Wednesday. The company has a current ratio of 1.02, a quick ratio of 0.80 and a debt-to-equity ratio of 494.65. The stock has a market capitalization of C$22.09 billion, a PE ratio of 19.52, a PEG ratio of 2.22 and a beta of 0.95. Restaurant Brands International has a 1-year low of C$86.06 and a 1-year high of C$109.99. The firm has a 50-day moving average price of C$92.01 and a two-hundred day moving average price of C$94.50.

Insider Buying and Selling

In related news, Senior Officer Duncan Stanley Allpress Fulton sold 27,500 shares of the company’s stock in a transaction dated Thursday, February 27th. The shares were sold at an average price of C$93.73, for a total transaction of C$2,577,575.00. Also, Director Michele Keusch sold 820 shares of the stock in a transaction dated Friday, February 21st. The stock was sold at an average price of C$89.16, for a total transaction of C$73,111.61. Insiders sold 78,088 shares of company stock valued at $7,275,545 over the last quarter. 1.24% of the stock is owned by company insiders.

About Restaurant Brands International

Restaurant Brands International is one of the largest restaurant companies in the world, with more than $35 billion in 2021 systemwide sales across a footprint that spans more than 28,000 restaurants and 100 countries. The firm generates revenue primarily from retail sales at its company-owned restaurants, royalty fees and lease income from franchised stores, and from its Tim Horton’s supply chain operations.