Restaurant Brands International (QSR) Gets a Hold from Morgan Stanley

Morgan Stanley analyst Brian Harbour maintained a Hold rating on Restaurant Brands International today and set a price target of $77.00.

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Harbour covers the Consumer Cyclical sector, focusing on stocks such as Darden Restaurants, Brinker International, and Starbucks. According to TipRanks, Harbour has an average return of 1.3% and a 54.35% success rate on recommended stocks.

In addition to Morgan Stanley, Restaurant Brands International also received a Hold from TD Cowen’s Andrew Charles in a report issued today. However, on the same day, Oppenheimer maintained a Buy rating on Restaurant Brands International (NYSE: QSR).

Based on Restaurant Brands International’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.45 billion and a net profit of $315 million. In comparison, last year the company earned a revenue of $2.29 billion and had a net profit of $252 million

Based on the recent corporate insider activity of 79 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. Last month, PETER PERDUE, the President of QSR sold 395.00 shares for a total of $26,638.80.