McDonald’s Corporation with ticker code (MCD) now have 34 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 314 and 238 calculating the mean target price we have 277.47. Given that the stocks previous close was at 250.68 this now indicates there is a potential upside of 10.7%. The day 50 moving average is 259.12 while the 200 day moving average is 243.28. The company has a market cap of $186,699m. Find out more information at: https://corporate.mcdonalds.com
The potential market cap would be $206,652m based on the market concensus.
McDonald’s Corporation operates and franchises McDonald’s restaurants in the United States and internationally. Its restaurants offer various food products and beverages, as well as breakfast menu. As of December 31, 2020, the company operated 39,198 restaurants. McDonald’s Corporation was founded in 1940 and is based in Chicago, Illinois.