Sanford C. Bernstein Raises Restaurant Brands International (TSE:QSR) Price Target to C$117.00

Restaurant Brands International (TSE:QSR) (NYSE:QSR) had its price target increased by Sanford C. Bernstein from C$115.00 to C$117.00 in a report published on Tuesday, BayStreet.CA reports.

Separately, Royal Bank of Canada reiterated an outperform rating and issued a C$77.00 price objective on shares of Restaurant Brands International in a report on Tuesday, December 10th.

Shares of TSE:QSR opened at C$89.11 on Tuesday. The firm’s 50 day moving average is C$83.55 and its two-hundred day moving average is C$90.71. Restaurant Brands International has a 52 week low of C$80.41 and a 52 week high of C$105.93. The firm has a market capitalization of $26.23 billion and a P/E ratio of 36.21. The company has a current ratio of 1.09, a quick ratio of 1.01 and a debt-to-equity ratio of 345.14.

Restaurant Brands International (TSE:QSR) (NYSE:QSR) last announced its quarterly earnings results on Monday, February 10th. The company reported C$0.99 EPS for the quarter, beating the consensus estimate of C$0.95 by C$0.04. The firm had revenue of C$1.95 billion during the quarter, compared to analyst estimates of C$1.91 billion. Analysts predict that Restaurant Brands International will post 2.99 EPS for the current year.

Restaurant Brands International Company Profile

Restaurant Brands International Inc owns, operates, and franchises quick service restaurants under the Tim Hortons (TH), Burger King (BK), and Popeyes (PLK) brand names. The company operates through three segments: TH, BK, and PLK. Its restaurants offer blend coffee, tea, espresso-based hot and cold specialty drinks, donuts, Timbits, bagels, muffins, cookies and pastries, grilled paninis, classic sandwiches, wraps, soups, hamburgers, chicken and other specialty sandwiches, french fries, soft drinks, chicken, chicken tenders, fried shrimp and other seafood, red beans and rice, and other food items.

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