Restaurant Brands International (TSE:QSR) Raised to Strong-Buy at Seaport Research Partners

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

Restaurant Brands International Price Performance

TSE QSR opened at C$104.85 on Tuesday. The company has a quick ratio of 0.80, a current ratio of 1.01 and a debt-to-equity ratio of 406.52. The stock has a market capitalization of C$36.41 billion, a PE 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 has a 50 day moving average price of C$106.42 and a two-hundred day moving average price of C$104.86.

Insider Transactions at Restaurant Brands International

In other Restaurant Brands International news, Director Vicente Tome sold 2,258 shares of the stock in a transaction on Thursday, September 3rd. The shares were sold at an average price of C$112.93, for a total transaction of C$254,995.94. Following the transaction, the director directly owned 13,264 shares of the company’s stock, valued at C$1,497,903.52. This represents a 14.55% decrease in their ownership of the stock. Corporate insiders own 1.24% of the company’s stock.

About Restaurant Brands International

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.