McDonald's (MCD)
(Delayed Data from NYSE)
$298.97 USD
+4.31 (1.46%)
Updated Nov 8, 2024 04:00 PM ET
After-Market: $299.19 +0.22 (0.07%) 7:58 PM ET
3-Hold of 5 3
D Value C Growth B Momentum D VGM
McDonald's (MCD) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$323.55 | $360.00 | $280.00 | 9.80% |
Price Target
Based on short-term price targets offered by 31 analysts, the average price target for McDonald's comes to $323.55. The forecasts range from a low of $280.00 to a high of $360.00. The average price target represents an increase of 9.8% from the last closing price of $294.66.
Analyst Price Targets (31)
Broker Rating
McDonald's currently has an average brokerage recommendation (ABR) of 1.82 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 36 brokerage firms. The current ABR compares to an ABR of 1.73 a month ago based on 35 recommendations.
Of the 36 recommendations deriving the current ABR, 20 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 55.56% and 5.56% of all recommendations. A month ago, Strong Buy made up 60%, while Buy represented 5.71%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 20 | 20 | 21 | 18 | 18 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 14 | 14 | 12 | 13 | 13 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.82 | 1.82 | 1.73 | 1.83 | 1.83 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
10/31/2024 | Daiwa America | Kahori Tamada | Strong Buy | Strong Buy |
10/30/2024 | BMO Capital Markets | Andrew Strelzik | Strong Buy | Strong Buy |
10/30/2024 | Atlantic Equities | Edward Lewis | Strong Buy | Strong Buy |
10/29/2024 | Piper Sandler | Brian Mullan | Hold | Hold |
10/23/2024 | Not Identified | Not Identified | Hold | Hold |
10/23/2024 | Robert W. Baird & Co. | David E Tarantino | Strong Buy | Hold |
10/23/2024 | Not Identified | Not Identified | Hold | Hold |
10/23/2024 | Guggenheim Securities | Gregory Francfort | Strong Buy | Hold |
10/22/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
10/21/2024 | Wells Fargo Securities | Zachary Fadem | Strong Buy | Strong Buy |
10/21/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
10/17/2024 | Not Identified | Not Identified | Hold | Hold |
10/15/2024 | Truist Securities | Jake Bartlett | Strong Buy | Strong Buy |
10/15/2024 | Not Identified | Not Identified | Hold | Hold |
10/15/2024 | Evercore Partners | David Palmer | Strong Buy | Strong Buy |
10/9/2024 | UBS | Dennis Geiger | Strong Buy | Strong Buy |
10/8/2024 | Argus Research Corp. | John D Staszak | Hold | Strong Buy |
10/7/2024 | KeyBanc Capital Markets | Eric Gonzalez | Strong Buy | Strong Buy |
9/26/2024 | Not Identified | Not Identified | Hold | Hold |
9/24/2024 | Goldman Sachs | Christine Cho | Hold | Hold |
9/9/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
9/5/2024 | BTIG | Peter M Saleh | Hold | Hold |
9/3/2024 | Tigress Financial Partners | Ivan Feinseth | Not Available | Moderate Buy |
8/29/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/31/2024 | Cowen & Co. | Andrew M Charles | Strong Buy | Hold |
7/30/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/30/2024 | Loop Capital Markets | Alton Stump | Strong Buy | Strong Buy |
7/30/2024 | Northcoast Research | Jim Sanderson | Strong Buy | Strong Buy |
7/29/2024 | Wedbush Securities | Nick Setyan | Strong Buy | Strong Buy |
7/16/2024 | Not Identified | Not Identified | Hold | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.82 |
ABR (Last week) | 1.82 |
# of Recs in ABR | 36 |
Average Target Price | $323.55 |
LT Growth Rate | 6.40% |
Industry | Retail - Restaurants |
Industry Rank by ABR | 63 of 252 |
Current Quarter EPS Est: | 2.88 |
MCD FAQs
McDonald's Corporation (MCD) currently has an average brokerage recommendation (ABR) of 1.82 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 36 brokerage firms.
The average price target for McDonald's Corporation (MCD) is $323.55. The current on short-term price targets is based on 13 reports.
The forecasts for McDonald's Corporation (MCD) range from a low of $280 to a high of $360. The average price target represents a increase of $8.22 from the last closing price of $298.97.
The current UPSIDE for McDonald's Corporation (MCD) is 8.22%
Based on short-term price targets offered by 31 analysts, the average price target for McDonald's comes to $323.55. The forecasts range from a low of $280.00 to a high of $360.00. The average price target represents an increase of 9.8% from the last closing price of $294.66.