McDonald’s Corporation with ticker code (MCD) now have 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 mean target price we have 282.67. Given that the stocks previous close was at 252.11 this would imply there is a potential upside of 12.1%. The 50 day moving average now sits at 256.3 while the 200 day moving average is 251.72. The company has a market capitalisation of $185,607m. Find out more information at: https://corporate.mcdonalds.com
The potential market cap would be $208,105m 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.
