McDonald’s Corporation which can be found using ticker (MCD) have now 33 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 330 and 270 suggesting an average Analsyt target price of $296.61. Now with the previous closing price of $284.48 this would imply there is now a potential upside of 4.3%. The 50 day moving average now sits at $269.80 while the 200 day moving average is $262.78. The company has a market capitalization of $208,696m. Company Website: https://corporate.mcdonalds.com
The potential market cap would be $217,595m based on the market consensus.
McDonald’s Corporation operates and franchises McDonald’s restaurants in the United States and internationally. The company’s restaurants offer hamburgers and cheeseburgers, chicken sandwiches and nuggets, fries, salads, shakes, frozen desserts, sundaes, soft serve cones, bakery items, soft drinks, coffee, and beverages and other beverages, as well as breakfast menu, including muffins, Sausages, biscuit and bagel sandwiches, oatmeal, hash browns, breakfast burritos and hotcakes. McDonald’s Corporation was founded in 1940 and is headquartered in Chicago, Illinois.
The company has a dividend yield of 2.14% with the ex dividend date set at 28-2-2023 (DMY).
Other points of data to note are a P/E ratio of 34.21, revenue per share of 31.48 and a 12.4% return on assets.
