DBS analyst Alison Fok maintains $McDonald's (MCD.US)$ with a buy rating, and maintains the target price at $327.
According to TipRanks data, the analyst has a success rate of 66.2% and a total average return of 7.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $McDonald's (MCD.US)$'s main analysts recently are as follows:
Expectations for McDonald's U.S. business are improving, potentially helping the stock recover from its Q2 stagnation, although the company's international results might still face challenges, leading to a variable quarter performance. There's a cautious stance as the earnings announcement approaches, yet the outlook for FY25 is anticipated to unfold in a manner akin to the current year.
The narrative of the third quarter in the restaurant industry suggests that superior marketing strategies are effective, with brands that deliver inherent value continuing to succeed through the summer, expanding the roster of high-low winners. Ahead of the earnings season, it's noted that sales forecasts for several restaurant companies have been revised, with subsequent modifications to earnings per share and same-store sales growth projections.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
