McDonald’s Corporation found using ticker (MCD) now have 34 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 328 and 260 calculating the average target price we see 293.74. With the stocks previous close at 269.56 this is indicating there is a potential upside of 9.0%. The 50 day moving average now sits at 269.97 while the 200 day moving average is 256.32. The market cap for the company is $199,952m. You can visit the company’s website by visiting: https://corporate.mcdonalds.com
The potential market cap would be $217,888m 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 menuluding 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.
