McDonald’s Corporation with ticker code (MCD) have now 33 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 328 and 250 calculating the average target price we see 282.67. Given that the stocks previous close was at 254.39 this would indicate that there is a potential upside of 11.1%. The 50 day MA is 256.92 while the 200 day moving average is 251.75. The company has a market capitalisation of $190,124m. Visit the company website at: https://corporate.mcdonalds.com
The potential market cap would be $211,260m based on the market concensus.
McDonald’s Corporation operates and franchises McDonald’s restaurants in the United States and internationally. Its restaurants offer hamburgers and cheeseburgers, chicken sandwiches and nuggets, wraps, fries, salads, oatmeal, shakes, desserts, sundaes, soft serve cones, bakery items, soft drinks, coffee, and beverages and other beverages, as well as breakfast menu, including biscuit and bagel sandwiches, breakfast burritos, hotcakes, and other sandwiches. As of December 31, 2021, the company operated 40,031 restaurants. McDonald’s Corporation was founded in 1940 and is headquartered in Chicago, Illinois.
