McDonald’s Corporation with ticker code (MCD) now have 33 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 337 and 275 suggesting an average Analsyt target price of $308.55. Now with the previous closing price of $291.51 this is indicating there is a potential upside of 5.8%. It’s also worth noting that there is a 50 day moving average of $274.98 and the 200 day moving average is $264.81. The market capitalization for the company is $211,534m. You can visit the company’s website by visiting: https://corporate.mcdonalds.com
The potential market cap would be $223,899m 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 2.09% with the ex dividend date set at 28-2-2023 (DMY).