Breaking Finance News

A report released earlier today by RBC Capital Markets about McDonald's Corporation (NYSE:MCD) ups the target price to $180.00

Yesterday McDonald's Corporation (NYSE:MCD) traded 0.47% higher at $165.11. The company’s 50-day moving average is $158.52 and its 200-day moving average is $150.45. The last stock close price is up 8.95% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the same time. 3,023,607 shares of the stock were exchanged, down from an average trading volume of 3,478,290

McDonald's Corporation (NYSE:MCD) had its target price raised to $180.00 by RBC Capital Markets in a report released 10/13/2017. The new target price indicates a possible upside of 0.09% based on the company's last stock close price.

Previously on 10/03/2017, Stifel reported about McDonald's Corporation (NYSE:MCD) raised the target price from $0.00 to $160.00. At the time, this indicated a possible upside of 0.02%.

See Chart Below

McDonald's Corporation (NYSE:MCD)

McDonald's Corporation has a 52 week low of $110.33 and a 52 week high of $164.40 with a P/E ratio of 26.83 The company’s market cap is currently $0.

In addition to RBC Capital Markets reporting its target price, a total of 22 firms have issued a report on the stock. The consensus target price is $130.77 with 6 firms rating the stock a strong buy, 9 firms rating the stock a buy, 17 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About McDonald's Corporation (NYSE:MCD)

McDonald's Corporation (McDonald's) operates and franchises McDonald's restaurants. The Company's restaurants serve a locally relevant menu of food and drinks sold at various price points in over 100 countries. The Company's segments include U.S., International Lead Markets, High Growth Markets, and Foundational Markets and Corporate. The U.S. segment focuses on offering a platform for authentic ingredients that allows customers to customize their sandwiches. Its High Growth Markets segment includes its operations in markets, such as China, Italy, Korea, Poland, Russia, Spain, Switzerland, the Netherlands and related markets. The International Lead markets segment includes the Company's operations in various markets, such as Australia, Canada, France, Germany, the United Kingdom and related markets. The Foundational markets and Corporate segment is engaged in operating restaurants and increasing convenience to customers, including through drive-thru and delivery.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *