McDonald’s Corporation with ticker code (MCD) now have 33 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 314 and 248 calculating the mean target price we have 280.73. With the stocks previous close at 255.4 this indicates there is a potential upside of 9.9%. The 50 day moving average now sits at 244.46 and the 200 moving average now moves to 247.23. The company has a market cap of $189,228m. You can visit the company’s website by visiting: https://corporate.mcdonalds.com
The potential market cap would be $207,995m 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.
