McDonald’s Corporation found using ticker (MCD) have now 34 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 314 and 248 and has a mean target at 284.03. Now with the previous closing price of 258.99 this would imply there is a potential upside of 9.7%. The 50 day moving average now sits at 259.33 and the 200 day moving average is 243.86. The market cap for the company is $195,987m. Company Website: https://corporate.mcdonalds.com
The potential market cap would be $214,936m 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.
