Restaurant Brands International (QSR) Gets a Hold Rating from Oppenheimer
Oppenheimer analyst Brian Bittner maintained a Hold rating on Restaurant Brands International (QSR) yesterday. The company’s shares closed last Friday at $68.61, close to its 52-week high of $70.23.
According to TipRanks.com, Bittner is a 5-star analyst with an average return of 12.9% and a 69.9% success rate. Bittner covers the Services sector, focusing on stocks such as Papa John’s International, Yum China Holdings, and Cheesecake Factory.
Restaurant Brands International has an analyst consensus of Moderate Buy, with a price target consensus of $69.71.
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The company has a one-year high of $70.23 and a one-year low of $46.20. Currently, Restaurant Brands International has an average volume of 1.54M.
Based on the recent corporate insider activity of 137 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of QSR in relation to earlier this year.
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Restaurant Brands International, Inc. is a holding company, which engages in the operation of quick service restaurants. It operates through the following segments: Tim Hortons, Burger King, and Popeyes. The Tim Hortons segment provides donut, coffee, and tea restaurant services. The Burger King segment manages fast food hamburger restaurant. The Popeyes segment handles chicken category of the quick service segment of the restaurant industry. The company was founded on August 25, 2014 and is headquartered in Toronto, Canada.