Restaurant Brands International (QSR) Gets a Buy from RBC Capital

In a report released yesterday, Logan Reich from RBC Capital maintained a Buy rating on Restaurant Brands International, with a price target of $80.00. The company’s shares closed yesterday at $67.53.

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Reich covers the Consumer Cyclical sector, focusing on stocks such as Dutch Bros Inc, Restaurant Brands International, and Chipotle. According to TipRanks, Reich has an average return of -12.4% and a 37.10% success rate on recommended stocks.

In addition to RBC Capital, Restaurant Brands International also received a Buy from J.P. Morgan’s John Ivankoe in a report issued today. However, on February 17, TipRanks – Anthropic 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 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, THIAGO T SANTELMO, the Intl. President of QSR sold 699.00 shares for a total of $47,140.56.