McDonald's (MCD)
(Delayed Data from NYSE)
$289.52 USD
+0.31 (0.11%)
Updated Aug 23, 2024 04:00 PM ET
After-Market: $289.54 +0.02 (0.01%) 7:58 PM ET
5-Strong Sell of 5 5
F Value D Growth C Momentum F VGM
McDonald's (MCD) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$298.45 | $355.00 | $257.00 | 3.19% |
Price Target
Based on short-term price targets offered by 29 analysts, the average price target for McDonald's comes to $298.45. The forecasts range from a low of $257.00 to a high of $355.00. The average price target represents an increase of 3.19% from the last closing price of $289.21.
Analyst Price Targets (29)
Broker Rating
McDonald's currently has an average brokerage recommendation (ABR) of 1.83 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 33 brokerage firms. The current ABR compares to an ABR of 1.77 a month ago based on 33 recommendations.
Of the 33 recommendations deriving the current ABR, 18 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 54.55% and 6.06% of all recommendations. A month ago, Strong Buy made up 57.58%, while Buy represented 6.06%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/MCD.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 18 | 18 | 19 | 19 | 19 |
Buy | 1 | 2 | 2 | 2 | 2 |
Hold | 13 | 13 | 12 | 12 | 11 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.83 | 1.83 | 1.77 | 1.77 | 1.73 |
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 |
---|---|---|---|---|
8/2/2024 | Guggenheim Securities | Gregory Francfort | 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 | BMO Capital Markets | Andrew Strelzik | Strong Buy | Strong Buy |
7/30/2024 | Loop Capital Markets | Alton Stump | Strong Buy | Strong Buy |
7/29/2024 | Wedbush Securities | Nick Setyan | Strong Buy | Strong Buy |
7/22/2024 | Not Identified | Not Identified | Hold | Hold |
7/16/2024 | Not Identified | Not Identified | Hold | Hold |
7/16/2024 | Evercore Partners | David Palmer | Strong Buy | Strong Buy |
7/12/2024 | Not Identified | Not Identified | Hold | Hold |
7/9/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
6/21/2024 | UBS | Dennis Geiger | Strong Buy | Strong Buy |
6/13/2024 | Goldman Sachs | Christine Cho | Not Available | Hold |
5/2/2024 | Truist Securities | Jake Bartlett | Strong Buy | Strong Buy |
5/1/2024 | KeyBanc Capital Markets | Eric Gonzalez | Strong Buy | Strong Buy |
5/1/2024 | Robert W. Baird & Co. | David E Tarantino | Strong Buy | Strong Buy |
5/1/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
4/30/2024 | Wells Fargo Securities | Zachary Fadem | Strong Buy | Strong Buy |
4/30/2024 | Piper Sandler | Brian Mullan | Hold | Hold |
4/30/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
4/30/2024 | Not Identified | Not Identified | Hold | Hold |
4/30/2024 | Not Identified | Not Identified | Hold | Hold |
4/22/2024 | Not Identified | Not Identified | Hold | Hold |
3/25/2024 | Argus Research Corp. | John D Staszak | Not Available | Hold |
3/6/2024 | Not Identified | Not Identified | Hold | Hold |
2/6/2024 | BTIG | Peter M Saleh | Strong Buy | Hold |
2/6/2024 | Northcoast Research | Jim Sanderson | Strong Buy | Strong Buy |
11/3/2023 | Not Identified | Not Identified | Not Available | Strong Buy |
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 | 1.83 |
ABR (Last week) | 1.83 |
# of Recs in ABR | 32 |
Average Target Price | $296.43 |
LT Growth Rate | 6.40% |
Industry | Retail - Restaurants |
Industry Rank by ABR | 182 of 253 |
Current Quarter EPS Est: | 3.15 |