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McDonald's Corp has a consensus price target of $306.15 based on the ratings of 30 analysts. The high is $360 issued by Tigress Financial on September 3, 2024. The low is $265 issued by Stifel on July 22, 2024. The 3 most-recent analyst ratings were released by TD Cowen, JP Morgan, and Citigroup on September 23, 2024, September 16, 2024, and September 13, 2024, respectively. With an average price target of $290.33 between TD Cowen, JP Morgan, and Citigroup, there's an implied -2.99% downside for McDonald's Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for McDonald's (NYSE:MCD) was reported by TD Cowen on September 23, 2024. The analyst firm set a price target for $280.00 expecting MCD to fall to within 12 months (a possible -6.45% downside). 90 analyst firms have reported ratings in the last year.
The latest analyst rating for McDonald's (NYSE:MCD) was provided by TD Cowen, and McDonald's reiterated their hold rating.
The last upgrade for McDonald's Corp happened on October 31, 2023 when DZ Bank raised their price target to $300. DZ Bank previously had a hold for McDonald's Corp.
The last downgrade for McDonald's Corp happened on April 3, 2024 when Erste Group changed their price target from N/A to N/A for McDonald's Corp.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of McDonald's, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for McDonald's was filed on September 23, 2024 so you should expect the next rating to be made available sometime around September 23, 2025.
While ratings are subjective and will change, the latest McDonald's (MCD) rating was a reiterated with a price target of $280.00 to $280.00. The current price McDonald's (MCD) is trading at is $299.29, which is out of the analyst’s predicted range.
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