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A Quick Look at Today's Ratings for McDonald's(MCD.US), With a Forecast Between $300 to $350

Futu News ·  Oct 30 14:00  · Ratings

On Oct 30, major Wall Street analysts update their ratings for $McDonald's (MCD.US)$, with price targets ranging from $300 to $350.

Morgan Stanley analyst Brian Harbour maintains with a buy rating, and maintains the target price at $340.

BofA Securities analyst Sara Senatore maintains with a hold rating, and maintains the target price at $321.

Barclays analyst Jeff Bernstein maintains with a buy rating, and maintains the target price at $325.

UBS analyst Dennis Geiger maintains with a buy rating, and maintains the target price at $345.

Wells Fargo analyst Zachary Fadem maintains with a buy rating, and maintains the target price at $350.

Furthermore, according to the comprehensive report, the opinions of $McDonald's (MCD.US)$'s main analysts recently are as follows:

  • Following earnings, the firm revised its Q4 and FY25 EPS forecasts down slightly and updated its 12-month forward estimates accordingly. The firm maintains its position due to the perception of constrained opportunities for substantial positive EPS adjustments within the franchise model, especially with the continuation of modest top-line growth.

  • McDonald's Q3 earnings surpassed expectations, with beneficial SG&A and other income compensating for the weaker comparable store sales and the margin effects stemming from their value offerings. U.S. comparable sales showed acceleration towards mid-single-digit growth prior to the food safety incident. Management has conveyed a positive outlook, believing that the issue has been effectively managed.

Here are the latest investment ratings and price targets for $McDonald's (MCD.US)$ from 12 analysts:

StockTodayLatestRating_nn_202027_20241030_en

Note:

TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.

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.

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