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Canadian coffee house Tim Hortons is coming to the UK
More information about the company is available at www.timhortons.com. Analysts are predicting that Restaurant Brands International Inc. They now have a Dollars 34 price target on the stock. Emerging Sovereign Group LLC purchased a new position in shares of Restaurant Brands International during the fourth quarter worth about $30,334,000.
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04/26/2016 – Restaurant Brands International Inc. had its “neutral” rating reiterated by analysts at Longbow Research. In terms of margins, Restaurant Brands International Inc. has a gross margin of *TBA, with its operating margin at *TBA, and Restaurant Brands International Inc. has a profit margin of *TBA. Zacks Investment Research lowered shares of Restaurant Brands International from a strong-buy rating to a hold rating in a research note on Wednesday, June 29th. They now have a United States dollars 50 price target on the stock. Waratah Capital Advisors Ltd. purchased a new position in shares of Restaurant Brands International during the fourth quarter worth about $2,406,000.
03/19/2015 – Restaurant Brands International Inc. was downgraded to “underperform” by analysts at Zacks.
Restaurant Brands International Inc opened for trading at $47.3 and hit $47.42 on the upside on Monday, eventually ending the session at $47.18, with a gain of 0.66% or 0.31 points. The Hedge Fund company now holds 387,193 shares of QSR which is valued at $18,364,564.
Restaurant Brands International Inc. has a 50 day moving average of 45.50 and a 200 day moving average of 41.28.
The consensus mean estimate is the calculated mean of all brokerage sell-side analysts that issue earnings estimates for the company. The firm had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same quarter in the previous year, the business posted $0.30 earnings per share.
The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 4th. The ex-dividend date is Thursday, September 1st. Wall Street had anticipated $1.2B and $0.22, respectively.
At the current price Restaurant Brands International Inc.
Tim Hortons has had fits and starts trying to expand in the USA since opening its first store there in 1984.
About Restaurant Brands International Restaurant Brands International Inc.
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RBI, the parent company of Tim Hortons and Burger King, is looking to grow Tim Hortons globally. The Company operates more than 18000 restaurants operating in 100 countries under its two distinct brands.