Restaurant Brands International (TSE:QSR) Upgraded by Seaport Research Partners to Strong-Buy Rating

Restaurant Brands International (TSE:QSR) (NYSE:QSR) was upgraded by investment analysts at Seaport Research Partners to a “strong-buy” rating in a research note issued to investors on Tuesday, Zacks reports.

Restaurant Brands International Stock Down 0.3%

Shares of QSR opened at C$104.85 on Tuesday. The firm has a market cap of C$36.41 billion, a P/E ratio of 28.26, a price-to-earnings-growth ratio of 2.22 and a beta of 0.31. Restaurant Brands International has a 12-month low of C$86.71 and a 12-month high of C$113.10. The company’s 50-day moving average price is C$106.42 and its 200 day moving average price is C$104.86. The company has a current ratio of 1.01, a quick ratio of 0.80 and a debt-to-equity ratio of 406.52.

Insider Transactions at Restaurant Brands International

In related news, Director Vicente Tome sold 2,258 shares of the business’s stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of C$112.93, for a total transaction of C$254,995.94. Following the completion of the transaction, the director directly owned 13,264 shares of the company’s stock, valued at C$1,497,903.52. The trade was a 14.55% decrease in their position. Company insiders own 1.24% of the company’s stock.

Restaurant Brands International Company Profile

Restaurant Brands International Inc is one of the world’s largest quick service restaurant companies with nearly $49 billion in annual system-wide sales and over 33,000 restaurants in more than 120 countries and territories. RBI owns four of the world’s most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®. These independently operated brands have been serving their respective guests, franchisees and communities for decades. Through its Restaurant Brands for Good framework, RBI is improving sustainable outcomes related to its food, the planet, and people and communities.