McDonald’s Corporation with ticker code (MCD) have now 33 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 328 and 270 with the average target price sitting at 294.55. With the stocks previous close at 263.91 this would imply there is a potential upside of 11.6%. The 50 day moving average now sits at 267.02 while the 200 day moving average is 258.29. The company has a market capitalisation of $192,179m. Company Website: https://corporate.mcdonalds.com
The potential market cap would be $214,491m based on the market concensus.
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.
