Restaurant Brands International (TSE:QSR) Upgraded at Argus

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

A number of other analysts have also recently commented on the stock. Guggenheim upgraded shares of Restaurant Brands International from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 24th. TD Cowen cut shares of Restaurant Brands International from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 14th.

Restaurant Brands International Stock Down 0.2 %

QSR stock opened at C$97.31 on Wednesday. The firm has a 50 day moving average of C$92.01 and a 200 day moving average of C$94.50. The stock has a market capitalization of C$22.09 billion, a PE ratio of 19.52, a price-to-earnings-growth ratio of 2.22 and a beta of 0.95. The company has a quick ratio of 0.80, a current ratio of 1.02 and a debt-to-equity ratio of 494.65. Restaurant Brands International has a 52 week low of C$86.06 and a 52 week high of C$109.99.

Insider Activity

In other news, Director Jonathan Domanko sold 2,817 shares of Restaurant Brands International stock in a transaction that occurred on Friday, March 7th. The shares were sold at an average price of C$98.90, for a total transaction of C$278,601.30. Also, Director Michele Keusch sold 820 shares of Restaurant Brands International stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of C$89.16, for a total transaction of C$73,111.61. Insiders sold a total of 78,088 shares of company stock valued at $7,275,545 in the last three months. 1.24% of the stock is currently owned by corporate insiders.

Restaurant Brands International Company Profile

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.