Breaking Finance News

McDonald's (NYSE:MCD) stock price target increased to $180.00, issued a research note today by RBC Capital

In a report released on 10/13/2017 RBC Capital increased the stock price target of McDonald's (NYSE:MCD) from $175.00 to $180.00 reporting a possible upside of 0.10%.

Previously on 10/3/2017, Stifel released a statement about McDonald's (NYSE:MCD) increased the target price from $0.00 to $160.00. At the time, this indicated a possible upside of 0.02%.

Just yesterday McDonald's (NYSE:MCD) traded 0.47% higher at $163.91. McDonald's’s 50-day moving average is $158.52 and its 200-day moving average is $150.45. The last stock price is up 8.95% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.03% over the same time period. 3,023,607 shares of MCD traded hands, down from an average trading volume of 3,478,290

Recent Performance Chart

McDonald's (NYSE:MCD)

McDonald's has 52 week low of $110.33 and a 52 week high of $164.40 with a PE ratio of 26.83 and has a market capitalization of $0.

In addition to RBC Capital reporting its stock price target, a total of 22 brokerages have issued a ratings update on the company. The average stock price target is $130.77 with 6 brokerages rating the stock a strong buy, 9 brokerages rating the stock a buy, 17 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On 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.

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 *