In a report released today, Sara Senatore from Bank of America Securities maintained a Hold rating on McDonald’s (MCD – Research Report). The company’s shares opened today at $273.75.
Senatore covers the Consumer Cyclical sector, focusing on stocks such as Chipotle, Darden Restaurants, and McDonald’s. According to TipRanks, Senatore has an average return of 9.7% and a 53.85% success rate on recommended stocks.
In addition to Bank of America Securities, McDonald’s also received a Hold from Citi’s Jon Tower in a report issued on April 15. However, today, Gordon Haskett Capital Corporation maintained a Buy rating on McDonald’s (NYSE: MCD).
The company has a one-year high of $300.68 and a one-year low of $242.88. Currently, McDonald’s has an average volume of 3.31M.
Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of MCD in relation to earlier this year. Most recently, in February 2024, Edith Morgan Flatley, the EVP – Global CMO of MCD sold 4,346.00 shares for a total of $1,283,460.72.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
McDonald’s (MCD) Company Description:
Founded in 1955, McDonald’s Corp. is world’s leading fast food chain that operates and franchises over 30,000 restaurants in more than 100 countries. More than 90% of McDonald’s restaurants are owned and operated by independent local business owners. Its popular products include Big Mac, Quarter Pounder with Cheese, Filet-O-Fish, Chicken McNuggets, McDonald’s Fries, McFlurry desserts, and McCafé beverages, among others. The company is headquartered in Oak Brook, Illinois.
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