Bernstein Sticks to Their Buy Rating for Restaurant Brands International (QSR)
Bernstein analyst maintained a Buy rating on Restaurant Brands International today and set a price target of $80.00.
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In addition to Bernstein, Restaurant Brands International also received a Buy from TipRanks – xAI’s xAi Restaurants in a report issued on March 23. However, on the same day, TipRanks – OpenAI reiterated a Hold rating on Restaurant Brands International (NYSE: QSR).
Based on Restaurant Brands International’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.47 billion and a net profit of $113 million. In comparison, last year the company earned a revenue of $2.3 billion and had a net profit of $259 million
Based on the recent corporate insider activity of 75 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. Earlier this month, Jeffrey Housman, the Chief People & Services Officer of QSR sold 20,000.00 shares for a total of $1,469,600.00.
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