McDonald’s Corporation with ticker code (MCD) have now 34 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 314 and 238 calculating the average target price we see 277.47. Now with the previous closing price of 260.08 this now indicates there is a potential upside of 6.7%. The 50 day MA is 260.03 and the 200 day moving average is 244.54. The company has a market capitalisation of $194,179m. Company Website: https://corporate.mcdonalds.com
The potential market cap would be $207,163m based on the market concensus.
McDonald’s Corporation operates and franchises McDonald’s restaurants in the United States and internationally. Its restaurants offer various food products and beverages, as well as breakfast menu. As of December 31, 2020, the company operated 39,198 restaurants. McDonald’s Corporation was founded in 1940 and is based in Chicago, Illinois.
