Bulls vs Bears
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
Click to unlock major analysts' bullish and bearish positions by joining Benzinga Edge.
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 JP Morgan, Citigroup, and Loop Capital on September 16, 2024, September 13, 2024, and September 10, 2024, respectively. With an average price target of $311 between JP Morgan, Citigroup, and Loop Capital, there's an implied 6.16% upside 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 JP Morgan on September 16, 2024. The analyst firm set a price target for $290.00 expecting MCD to fall to within 12 months (a possible -1.01% downside). 91 analyst firms have reported ratings in the last year.
The latest analyst rating for McDonald's (NYSE:MCD) was provided by JP Morgan, and McDonald's maintained their overweight 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 16, 2024 so you should expect the next rating to be made available sometime around September 16, 2025.
While ratings are subjective and will change, the latest McDonald's (MCD) rating was a maintained with a price target of $270.00 to $290.00. The current price McDonald's (MCD) is trading at is $292.95, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.