McDonald’s Corp. Stock Rating Reaffirmed by TheStreet (MCD)
McDonald’s Corp. (NYSE:MCD)‘s stock had its “buy” rating reiterated by TheStreet in a research note issued on Monday, AR Network reports.
The analysts wrote, “McDonald’s Corporation (MCD) has been reiterated by TheStreet Ratings as a buy with a ratings score of A. The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.”
Other equities research analysts have also recently issued reports about the stock. Analysts at Canaccord Genuity downgraded shares of McDonald’s Corp. from a “hold” rating to a “sell” rating in a research note to investors on Thursday, January 9th. They now have a $115.00 price target on the stock. Separately, analysts at UBS AG initiated coverage on shares of McDonald’s Corp. in a research note to investors on Wednesday, January 8th. They set a “buy” rating on the stock. Finally, analysts at Wells Fargo & Co. downgraded shares of McDonald’s Corp. from an “outperform” rating to a “market perform” rating in a research note to investors on Wednesday, January 8th. One analyst has rated the stock with a sell rating, fifteen have assigned a hold rating and twelve have assigned a buy rating to the company’s stock. McDonald’s Corp. has an average rating of “Hold” and a consensus target price of $103.03.
McDonald’s Corporation franchises and operates McDonald’s restaurants in the global restaurant industry.
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