McDonald’s Corp. Rating Reiterated by TheStreet (MCD)
McDonald’s Corp. (NYSE:MCD)‘s stock had its “buy” rating reiterated by equities researchers at TheStreet in a research report issued on Tuesday, American Banking and Market News 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.”
A number of other analysts have also recently weighed in on MCD. Analysts at Erste Group downgraded shares of McDonald’s Corp. from a “buy” rating to a “hold” rating in a research note to investors on Tuesday. Separately, 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. Finally, 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. One equities research analyst has rated the stock with a sell rating, sixteen have assigned a hold rating and twelve have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $103.03.
Shares of McDonald’s Corp. (NYSE:MCD) traded up 0.67% during mid-day trading on Tuesday, hitting $95.5663. 1,410,165 shares of the company’s stock traded hands. McDonald’s Corp. has a 1-year low of $91.81 and a 1-year high of $103.70. The stock’s 50-day moving average is $95.86 and its 200-day moving average is $96.73. The company has a market cap of $95.091 billion and a P/E ratio of 17.34.
McDonald’s Corporation franchises and operates McDonald’s restaurants in the global restaurant industry.
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