Pre-Market Technical Recap on Restaurants Stocks — McDonald's, Wendy's, Restaurant Brands Intl., and Dunkin' Brands – PR Newswire (press release)

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NEW YORK, June 20, 2017 /PRNewswire/ —

If you want a stock review on MCD, WEN, QSR, or DNKN then come over to http://dailystocktracker.com/register/ and sign up for your free customized reports today. Companies in the Restaurants space operate restaurants and other eating places, including full-service restaurants, quick-service restaurants, cafeterias and buffets, and snack bars. In today’s pre-market research, DailyStockTracker.com monitors McDonald’s Corp. (NYSE: MCD), The Wendy’s Co. (NASDAQ: WEN), Restaurant Brands International Inc. (NYSE: QSR), and Dunkin’ Brands Group Inc. (NASDAQ: DNKN). Daily Stock Tracker provides great insights on these stocks in its free research reports at:

http://dailystocktracker.com/register/

McDonald’s 

Shares in Oak Brook, Illinois-based McDonald’s Corp. rose 0.76%, finishing Monday’s trading session at $153.14. A total volume of 3.16 million shares was traded. In the last month and the previous three months, the stock has advanced 4.17% and 18.92%, respectively. Additionally, the Company’s shares have gained 25.81% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 6.69% and 21.13%, respectively. Moreover, shares of McDonald’s, which operates and franchises McDonald’s restaurants in the US, Europe, Asia/Pacific, Middle-East, Africa, Canada, Latin America, and internationally, have a Relative Strength Index (RSI) of 68.98.

On May 24th, 2017, McDonald’s announced plans to release Q2 results before the market opens on July 25th, 2017. The Company will also host an investor webcast, which will be broadcast live.

On June 13th, 2017, research firm Bank of America/ Merrill reiterated its ‘Buy’ rating on the Company’s stock with an increase of the target price from $165 a share to $175 a share. Free research report on MCD is available at:

http://dailystocktracker.com/registration/?symbol=MCD

Wendy’s 

On Monday, shares in Dublin, Ohio headquartered The Wendy’s Co. recorded a trading volume of 3.88 million shares, which was above their three months average volume of 2.66 million shares. The stock ended the session 3.15% higher at $15.71. The Company’s shares have gained 17.06% over the previous three months and 16.20% on an YTD basis. The stock is trading 3.34% above its 50-day moving average and 19.09% above its 200-day moving average. Furthermore, shares of Wendy’s, which through its subsidiaries, operates as a quick-service restaurant company in the hamburger sandwich segment worldwide, have an RSI of 53.32.

On June 05th, 2017, Wendy’s announced that it has raised drive-thru salad standards with the perfect blend of summer flavors in the new Strawberry Mango Chicken Salad. The salad comes with a juicy twist, presenting mango – the world’s most consumed fruit – to star alongside sweet, hand-cut strawberries for a refreshing summer salad. The complimentary research report on WEN can be downloaded at:

http://dailystocktracker.com/registration/?symbol=WEN

Restaurant Brands 

Shares in Oakville, Canada headquartered Restaurant Brands International Inc. closed at $61.90, rising 1.73% from the last trading session. The stock recorded a trading volume of 2.42 million shares, which was above its three months average volume of 958,580 shares. The Company’s shares have gained 4.68% in the last one month, 13.81% over the previous three months, and 29.88% since the start of this year. The stock is trading 5.88% and 20.76% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Restaurant Brands, which owns, operates, and franchises quick service restaurants under the Tim Hortons and Burger King brand names, have an RSI of 63.45.

On June 06th, 2017, Restaurant Brands announced the results of the vote on the election of directors at its Annual and Special Meeting of Shareholders held on June 05th, 2017. The twelve individuals elected were: Alexandre Behring, Marc Caira, Martin Franklin, Paul Fribourg, Neil Golden, Ali Hedayat, Thomas Milroy, Daniel Schwartz, Carlos Sicupira, Cecilia Sicupira, Roberto Motta, and Alexandre Van Damme. They will hold office until the next annual meeting of shareholders or until their respective successors are elected or appointed. 

On June 14th, 2017, research firm Oppenheimer upgraded the Company’s stock rating from ‘Perform’ to ‘Outperform’, with a target price of $70 per share. Visit DailyStockTracker.com today and access our complete research report on QSR at:

http://dailystocktracker.com/registration/?symbol=QSR

Dunkin’ Brands 

Canton, Massachusetts headquartered Dunkin’ Brands Group Inc.’s stock ended 0.82% higher at $57.50 with a total trading volume of 856,247 shares. The Company’s shares have advanced 3.08% in the last one month, 1.45% over the previous three months, and 9.65% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 2.41% and 8.29%, respectively. Furthermore, shares of Dunkin’ Brands, which together with its subsidiaries, develops, franchises, and licenses quick service restaurants under the Dunkin’ Donuts and Baskin-Robbins brands worldwide, have an RSI of 53.32.

On June 16th, 2017, Dunkin’ Brands announced that management will be presenting at the Jefferies 2017 Global Consumer Conference on June 21st, 2017, at 10:00 a.m. ET in Nantucket, Mass. Live, audio webcasts will be available under the Events and Presentations tab of the Company’s website. Sign up and read the free research report on DNKN at:

http://dailystocktracker.com/registration/?symbol=DNKN

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