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 328 and 250 with the average target price sitting at 289.74. With the stocks previous close at 264.33 this indicates there is a potential upside of 9.6%. There is a 50 day moving average of 270.37 while the 200 day moving average is 254.78. The company has a market capitalisation of $193,646m. Company Website: https://corporate.mcdonalds.com
The potential market cap would be $212,261m 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.
