McDonald’s Corporation found using ticker (MCD) now have 32 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 314 and 245 with a mean TP of 279.09. With the stocks previous close at 244.52 this is indicating there is a potential upside of 14.1%. The 50 day MA is 245.92 and the 200 moving average now moves to 248.24. The market capitalisation for the company is $180,457m. Find out more information at: https://corporate.mcdonalds.com
The potential market cap would be $205,970m 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.
