McDonald’s Corporation with ticker code (MCD) now have 33 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 346 and 289 with the average target price sitting at $317.55. Given that the stocks previous close was at $298.07 this indicates there is a potential upside of 6.5%. It’s also worth noting that there is a 50 day moving average of $277.85 and the 200 moving average now moves to $265.90. The company has a market cap of $215,520m. You can visit the company’s website by visiting: https://corporate.mcdonalds.com
The potential market cap would be $229,605m 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 2.04% with the ex dividend date set at 28-2-2023 (DMY).
