McDonald’s (NYSE:MCD) was upgraded by equities researchers at Jefferies Group from a “hold” rating to a “buy” rating in a report released on Tuesday. The firm currently has a $200.00 price target on the fast-food giant’s stock. Jefferies Group’s price target would indicate a potential upside of 17.20% from the stock’s current price.

Several other equities research analysts have also issued reports on the company. Longbow Research raised McDonald’s from a “neutral” rating to a “buy” rating and upped their price target for the company from $154.05 to $183.00 in a research report on Thursday, September 28th. Zacks Investment Research raised McDonald’s from a “hold” rating to a “buy” rating and set a $178.00 price target on the stock in a research report on Tuesday, September 26th. Credit Suisse Group set a $170.00 target price on McDonald’s and gave the stock a “buy” rating in a research report on Wednesday, September 20th. Sanford C. Bernstein set a $180.00 target price on McDonald’s and gave the stock a “buy” rating in a research report on Tuesday, September 19th. Finally, Mizuho reaffirmed a “buy” rating and issued a $173.00 target price (up from $170.00) on shares of McDonald’s in a research report on Wednesday, September 13th. Ten equities research analysts have rated the stock with a hold rating and twenty-five have issued a buy rating to the stock. McDonald’s has an average rating of “Buy” and an average price target of $173.95.

Shares of McDonald’s (MCD) opened at $170.65 on Tuesday. The company has a current ratio of 1.28, a quick ratio of 1.27 and a debt-to-equity ratio of -8.17. McDonald’s has a fifty-two week low of $118.18 and a fifty-two week high of $173.48. The stock has a market capitalization of $137,809.47, a PE ratio of 27.01, a PEG ratio of 2.83 and a beta of 0.67.

McDonald’s (NYSE:MCD) last released its quarterly earnings results on Tuesday, October 24th. The fast-food giant reported $1.76 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.75 by $0.01. McDonald’s had a negative return on equity of 216.45% and a net margin of 24.19%. The firm had revenue of $5.75 billion during the quarter, compared to analysts’ expectations of $5.75 billion. During the same quarter in the prior year, the business earned $1.62 EPS. McDonald’s’s quarterly revenue was down 10.4% compared to the same quarter last year. research analysts expect that McDonald’s will post 6.52 earnings per share for the current fiscal year.

In related news, VP James R. Sappington sold 8,046 shares of the company’s stock in a transaction dated Wednesday, October 25th. The stock was sold at an average price of $165.00, for a total transaction of $1,327,590.00. Following the sale, the vice president now owns 15,739 shares in the company, valued at $2,596,935. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Stephen Easterbrook sold 171,577 shares of the company’s stock in a transaction dated Tuesday, November 21st. The stock was sold at an average price of $168.32, for a total value of $28,879,840.64. Following the sale, the insider now owns 49,778 shares in the company, valued at approximately $8,378,632.96. The disclosure for this sale can be found here. 0.24% of the stock is currently owned by insiders.

A number of large investors have recently added to or reduced their stakes in MCD. World Asset Management Inc grew its position in McDonald’s by 16.6% during the first quarter. World Asset Management Inc now owns 96,091 shares of the fast-food giant’s stock worth $12,454,000 after buying an additional 13,648 shares in the last quarter. Bangor Savings Bank grew its position in McDonald’s by 1.0% during the first quarter. Bangor Savings Bank now owns 7,616 shares of the fast-food giant’s stock worth $987,000 after buying an additional 74 shares in the last quarter. Trust Co. of Virginia VA grew its position in McDonald’s by 1.7% during the first quarter. Trust Co. of Virginia VA now owns 19,754 shares of the fast-food giant’s stock worth $2,560,000 after buying an additional 326 shares in the last quarter. Meadow Creek Investment Management LLC grew its position in McDonald’s by 9.9% during the first quarter. Meadow Creek Investment Management LLC now owns 22,960 shares of the fast-food giant’s stock worth $2,976,000 after buying an additional 2,064 shares in the last quarter. Finally, Affinity Investment Advisors LLC grew its position in McDonald’s by 2.3% during the first quarter. Affinity Investment Advisors LLC now owns 62,547 shares of the fast-food giant’s stock worth $8,107,000 after buying an additional 1,417 shares in the last quarter. Hedge funds and other institutional investors own 67.40% of the company’s stock.

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McDonald’s Company Profile

McDonald’s Corporation (McDonald’s) operates and franchises McDonald’s restaurants. The Company’s restaurants serve a locally relevant menu of food and drinks sold at various price points in over 100 countries. The Company’s segments include U.S., International Lead Markets, High Growth Markets, and Foundational Markets and Corporate.

Analyst Recommendations for McDonald`s (NYSE:MCD)

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