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McDonald's (NYSE:MCD) target upped to $165.00, released a report earlier today by Credit Suisse

Only yesterday McDonald's (NYSE:MCD) traded 0.47% higher at $151.94. The company’s 50-day moving average is $158.52 and its 200-day average is $150.45. With the last close up 8.95% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.03% over the date range. Trade Volume was down over the average, with 3,023,607 shares of MCD changing hands under the typical 3,478,290

In a report released on 6/8/2017 Credit Suisse increased the target price of McDonald's (NYSE:MCD) from $157.00 to $165.00 indicating a possible upside of 0.09%.

On 6/05/2017, Vetr Inc. released a statement about McDonald's (NYSE:MCD) upped the target price from $0.00 to $147.92 that suggested a downside of -0.04%.

See Chart Below

McDonald's (NYSE:MCD)

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

In addition to Credit Suisse reporting its stock price target, a total of 22 equity analysts have released a ratings update on MCD. The one year target is $130.77 with 6 firms rating the stock a strong buy, 9 analysts rating the company a buy, seventeen analysts rating the stock a hold, 1 broker rating the stock a underperform, and lastly zero brokerages rating the company a sell.

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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