McDonalds Corporation (MCD) has an average broker rating of 2.39, which is interpreted as a Buy, as rated by 23 equity analysts. Nonetheless, 8 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 12 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.
McDonalds Corporation (MCD) : The highest short term price target forecast on McDonalds Corporation (MCD) is $143 and the lowest target price is $95. A total of 15 equity analysts are currently covering the company. The average price of all the analysts is $129 with a standard deviation of $13.66.
For the current week, the company shares have a recommendation consensus of Buy. Also, Equity Analysts at the Brokerage Firm, Baird, upgrades their rating on the shares of McDonalds Corporation (NYSE:MCD). Baird has a Outperform rating on the shares. Previously, the analysts had a Neutral rating on the shares. The rating by the firm was issued on August 30, 2016.
McDonalds Corporation (NYSE:MCD): stock was range-bound between the intraday low of $116.44 and the intraday high of $117.49 after having opened at $117.27 on Wednesdays session. The stock finally closed in the red at $117.27, a loss of -0.28%. The stock remained in the red for the whole trading day. The total traded volume was 2,647,685 shares. The stock failed to cross $117.49 in Wednesdays trading. The stocks closing price on Thursday was $117.25.
McDonalds Corporation operates and franchises McDonalds restaurants. McDonalds global system comprises both Company-owned and franchised restaurants. The Company manages its business as distinct geographic segments: the United States (U.S.); Europe, and Asia/Pacific, Middle East and Africa (APMEA). The Companys operations in Canada and Latin America, as well as its Corporate activities are reported under Other Countries & Corporate. The Companys restaurants offer a substantially uniform menu, including hamburgers and cheeseburgers, Big Mac, Quarter Pounder with Cheese, Filet-O-Fish, several chicken sandwiches, Chicken McNuggets, wraps, French fries, salads, oatmeal, shakes, McFlurry desserts, sundaes, soft serve cones, pies, soft drinks, coffee, McCafe beverages and other beverages. McDonalds franchised restaurants are owned and operated under one of the following structures: conventional franchise, developmental license or affiliate.