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Bernstein recorded McDonald's (NYSE:MCD), raising its target price to $170.00 today

Bernstein increased the stock price target of McDonald's (NYSE:MCD) to $170.00 indicating a potential upside of 0.14%.

On 5/3/2017, Vetr Inc. released a statement about McDonald's (NYSE:MCD) bumped up the target price from $0.00 to $147.92 that suggested an upside of 0.05%.

Just yesterday McDonald's (NYSE:MCD) traded 0.84% higher at $149.50. The company’s 50-day moving average is $160.28 and its 200-day moving average is $153.23. With the last close down 7.94% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.02% over the date range. Volume of trade was down over the average, with 2,298,244 shares of MCD changing hands under the typical 3,424,130

Recent Performance Chart

McDonald's (NYSE:MCD)

With a total market value of $0, McDonald's has PE ratio of 27.07 with a one year low of $110.83 and a one year high of $167.90 .

A total of 22 firms have reported on the company. 6 brokerages rating the stock a strong buy, 9 brokers rating the stock a buy, 17 analysts rating the company a hold, one analyst rating the company a underperform, and finally 0 firms rating the stock a sell with a consensus target price of $130.77.

Brief Synopsis About McDonald's (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.

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