McDonald’s Corporation with ticker code (MCD) now have 34 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 328 and 246 calculating the average target price we see 281.94. With the stocks previous close at 236.7 this would indicate that there is a potential upside of 19.1%. The 50 day moving average now sits at 257.12 and the 200 day MA is 251.6. The market cap for the company is $174,321m. Find out more information at: https://corporate.mcdonalds.com
The potential market cap would be $207,638m 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.
