McDonald’s Corporation with ticker code (MCD) have now 32 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 314 and 245 and has a mean target at 279.09. Given that the stocks previous close was at 248.94 this now indicates there is a potential upside of 12.1%. The 50 day MA is 247.8 and the 200 day moving average is 248.72. The market capitalisation for the company is $181,640m. You can visit the company’s website by visiting: https://corporate.mcdonalds.com
The potential market cap would be $203,639m 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.
