Restaurant Brands International (TSE:QSR) Rating Increased to Hold at Scotiabank

Restaurant Brands International (TSE:QSR - Get Free Report) NYSE: QSR was upgraded by stock analysts at Scotiabank to a "hold" rating in a research note issued on Wednesday,Zacks.com reports.

Separately, Argus upgraded shares of Restaurant Brands International from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, March 19th.

Restaurant Brands International Stock Performance

Shares of QSR stock opened at C$90.55 on Wednesday. The company has a current ratio of 1.02, a quick ratio of 0.80 and a debt-to-equity ratio of 494.65. Restaurant Brands International has a 12-month low of C$83.32 and a 12-month high of C$102.78. The business's 50 day moving average is C$92.96 and its two-hundred day moving average is C$93.05. The company has a market capitalization of C$20.56 billion, a P/E ratio of 18.16, a P/E/G ratio of 2.22 and a beta of 0.95.

Insider Activity at Restaurant Brands International

In related news, Director Michele Keusch sold 2,500 shares of the stock in a transaction that occurred on Tuesday, May 27th. The stock was sold at an average price of C$98.93, for a total value of C$247,330.50. Also, Director Vicente Tome sold 3,115 shares of the firm's stock in a transaction on Thursday, May 29th. The stock was sold at an average price of C$99.03, for a total value of C$308,474.71. Over the last quarter, insiders sold 75,615 shares of company stock valued at $7,325,533. 1.24% of the stock is owned by company insiders.

About Restaurant Brands International

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.

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