Restaurant Brands International (QSR) Gets a Hold Rating from Robert W. Baird

Robert W. Baird analyst David Tarantino maintained a Hold rating on Restaurant Brands International (QSRResearch Report) yesterday and set a price target of $62.00. The company’s shares closed last Wednesday at $57.39.

According to TipRanks.com, Tarantino is a 5-star analyst with an average return of 10.2% and a 61.4% success rate. Tarantino covers the Services sector, focusing on stocks such as Cheesecake Factory, BJ’s Restaurants, and Texas Roadhouse.

Currently, the analyst consensus on Restaurant Brands International is a Moderate Buy with an average price target of $61.63.

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Based on Restaurant Brands International’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $308 million and GAAP net loss of $1.76 million. In comparison, last year the company earned revenue of $286 million and had a GAAP net loss of $13.87 million.

Based on the recent corporate insider activity of 162 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.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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.

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