McDonald’s Corporation with ticker code (MCD) have now 32 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 330 and 270 calculating the average target price we see $295.59. Given that the stocks previous close was at $275.85 this would imply there is now a potential upside of 7.2%. Also worth taking note is the 50 day moving average now sits at $267.56 and the 200 moving average now moves to $260.88. The total market capitalization for the company now stands at $204,116m. Find out more information at: https://corporate.mcdonalds.com
The potential market cap would be $218,723m 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 2.2% with the ex dividend date set at 28-2-2023 (DMY).
Other points of data to note are a P/E ratio of 33.31, revenue per share of 31.48 and a 12.4% return on assets.
