Credit Suisse Assigned a Hold Rating to Restaurant Brands International

By Austin Angelo

Credit Suisse analyst David Hartley assigned a Hold rating to Restaurant Brands International (NYSE: QSR) today and set a price target of $45. The company’s shares closed yesterday at $44.58.

According to TipRanks.com, Hartley is ranked #1899 out of 4200 analysts.

Restaurant Brands International has an analyst consensus of Moderate Buy, with a price target consensus of $48.25.

Restaurant Brands International’s market cap is currently $10.44B and has a P/E ratio of 36.24. The company has a book value ratio of 6.1090.

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of QSR in relation to earlier this year. Most recently, in September 2016, Roberto Moses Thompson Motta, a Director at QSR bought 22,000 shares for a total of $1,033,560.

Restaurant Brands International, Inc. is a holding company, which engages in the operation of quick service restaurants. It operates through the Tim Hortons and Burger King segments. The Tim Hortons segment provides the donut, coffee, and tea restaurant services. The Burger King segment operates fast food hamburger restaurant. The company was founded on August 25, 2014 and is headquartered in Oakville, Canada.