Restaurant Brands International (TSE:QSR) Raised to “Strong-Buy” at Mizuho

Restaurant Brands International (TSE:QSR) (NYSE:QSR) was upgraded by equities researchers at Mizuho to a “strong-buy” rating in a note issued to investors on Tuesday, Zacks reports.

A number of other brokerages also recently issued reports on QSR. Seaport Research Partners upgraded Restaurant Brands International to a “strong-buy” rating in a research report on Tuesday, September 15th. Argus lowered Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research note on Friday, September 25th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average price target of C$84.00.

Restaurant Brands International Stock Up 0.6%

QSR opened at C$105.66 on Tuesday. The company has a fifty day moving average price of C$105.17 and a 200-day moving average price of C$105.07. The firm has a market capitalization of C$36.69 billion, a P/E ratio of 28.48, a price-to-earnings-growth ratio of 2.22 and a beta of 0.34. The company has a debt-to-equity ratio of 406.52, a current ratio of 1.01 and a quick ratio of 0.80. Restaurant Brands International has a one year low of C$89.08 and a one year high of C$113.10.

Insider Activity

In other news, Director Vicente Tome sold 2,258 shares of the company’s stock in a transaction dated Thursday, September 3rd. The stock was sold at an average price of C$112.93, for a total value of C$254,995.94. Following the completion of the transaction, the director directly owned 13,264 shares in the company, valued at approximately C$1,497,903.52. This represents a 14.55% decrease in their position. 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.