MCD Will Be Covered By Analysts From Atlantic Securities

mcd
MCD

Several research analysts working at Atlantic Securities have decided to start covering the shares of the stocks of MCD in a Tuesday research note. According to the report, the firm has a rating of neutral with a price target set at $237 for the stock of this fast-food giant. The price target of this company implies an annual growth rate of 2.34% on the previous close of the company. 

The Stock Commentary Of MCD

There have been quite a few research equities that have commented on the stocks of MCD. Oppenheimer has already increased the stocks of the company from a rating of “market perform” to a rating of “outperform” with a price target set at $240 in a 7th January research report.

The Goldman Sachs Group has also put up a rating of buy with a price target set at $237 in a 19th January research report. UBS Group has also increased the rating of the company from neutral to buy with a price target set at $240 in a 14th December research report. Stephens has also increased the price target of the company from $225 to $232, with a rating of equal weight in a 7th January research report. 

Eight research analysts have given the stocks of MCD a rating of hold, while twenty-two others have given the company a rating of buy. Currently, the company has a buy rating with a price target set at $235.66. 

The stocks of MCD opened on Tuesday at $0.62. The moving average price of the company over a period of 50 days is $218.62, while the moving average price of the company over a period of 200 days is $216.39. The market cap of the firm is $172.66 billion, with a 25.21 PE ratio, along with a 3.17 PEG ratio. 

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