McDonalds Corporation (MCD) : Analyst Rating Update

McDonalds Corporation (MCD) : 24 analysts are covering McDonalds Corporation (MCD) and their average rating on the stock is 2.42, which is read as a Buy. 8 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. McDonalds Corporation (MCD) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. However, 1 analysts consider that the stock has more downward risks ahead, hence, they suggest a Strong Sell on the stock. 1 more analyst has given the stock a Sell recommendation. A total of 13 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.

McDonalds Corporation (MCD) : Average target price received by McDonalds Corporation (MCD) is $130 with an expected standard deviation of $13.76. The most aggressive target on the stock is $145, whereas the most downbeat target is $95. 16 financial analysts are currently covering the stock.

McDonalds Corporation (NYSE:MCD): The stock opened at $119.29 on Wednesday but the bulls could not build on the opening and the stock topped out at $120.96 for the day. The stock traded down to $119.00 during the day, due to lack of any buying support eventually closed down at $120.63 with a loss of -0.11% for the day. The stock had closed at $120.76 on the previous day. The total traded volume was 5,102,758 shares.

Also, Baird maintains its rating on McDonalds Corporation (NYSE:MCD). The global brokerage major lowers the current price target from $130 per share to $126 per share. Analysts at the Baird have a current rating of Neutral on the shares. The rating by the firm was issued on June 29, 2016. The company shares have rallied 26.00% from its 1 Year high price. On May 10, 2016, the shares registered one year high at $131.96 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $122.12 and the 200 Day Moving Average price is recorded at $122.19.

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.

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