McDonald’s (NYSE: MCD) Receives Average ‘Buy’ Rating From Brokerages


McDonald’s (NYSE: MCD) shares received a consensus ‘buy’ rating from 34 brokerages. 8 analysts allotted ‘hold’ rating and 23 issued ‘buy. The average price objective for 12 months was $231.64 last year.

On Wednesday, the company started from $208.67 with the market cap being $155.58B. The lowest in 52 weeks is $124.23 while the highest is $231.91. Their 50 day rolling average is $211.41 while the 200 day is $215.18. They have a 31.59 PE ratio, 3.17 PEG ratio, and 0.58 beta.

According to the 27th January report, the firm had quarterly EP earnings of $1.70 that missed the $1.77 consensus estimate by nearly $0.07. They had a 25.60% net margin with a 53.62% negative equity return. Their quarterly revenue was $5.31B as compared to the $5.35B estimates.

MCD Stock Ventures

BMO Cap. Markets raised their price objective to $240 from $235 and gave a rating of ‘outperform’. Wells Fargo upgraded it to an ‘overweight’ rating. Piper Sandler demoted it to $209 from $225 and gave a rating of ‘neutral’. Citigroup assigned it a price objective of $230 and gave a rating of ‘neutral’. UBS Group increased it to $240 from 4230 and gave a rating of ‘buy’.

TFG Advisors raised their holdings on MCD stock by roughly 0.8%, owning $1,261,000 worth of shares. Old-Port Advisors upgraded their stake by almost 4.4% and own shares priced at $237,000. Pure Fin. Advisors promoted their position by approximately 2.7%, owning $388,000 worth of shares. Youngs Advisory increased their stake by nearly 3.9$ and own shares priced at $276,000. Cahill fin. Advisors lifted their position by roughly 1.8% and own shares priced at $572,000. 66.25% McDonald’s stock is owned by institutional investors and hedge funds.