McDonald's (NYSE:MCD) had its price objective increased by analysts at Barclays from $193.00 to $205.00 in a research report issued to clients and investors on Tuesday. The brokerage presently has an “overweight” rating on the fast-food giant’s stock. Barclays’ price target suggests a potential upside of 18.03% from the company’s current price.

MCD has been the subject of several other reports. Wells Fargo & Co set a $185.00 target price on shares of McDonald's and gave the company a “buy” rating in a research note on Wednesday, October 25th. Royal Bank of Canada set a $190.00 target price on shares of McDonald's and gave the company a “buy” rating in a research note on Thursday, December 21st. Deutsche Bank set a $185.00 target price on shares of McDonald's and gave the company a “buy” rating in a research note on Friday, October 20th. Canaccord Genuity reiterated a “hold” rating and set a $170.00 target price on shares of McDonald's in a research note on Friday, October 6th. Finally, Goldman Sachs Group set a $180.00 target price on shares of McDonald's and gave the company a “buy” rating in a research note on Tuesday, December 12th. Nine analysts have rated the stock with a hold rating and twenty-six have issued a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $179.28.

McDonald's (NYSE:MCD) traded up $0.11 during midday trading on Tuesday, hitting $173.68. 3,662,155 shares of the company traded hands, compared to its average volume of 3,052,980. The company has a current ratio of 1.28, a quick ratio of 1.27 and a debt-to-equity ratio of -8.17. The company has a market cap of $140,680.00, a P/E ratio of 25.06, a P/E/G ratio of 2.75 and a beta of 0.67. McDonald's has a fifty-two week low of $119.82 and a fifty-two week high of $175.78.

McDonald's (NYSE:MCD) last posted its quarterly earnings data on Tuesday, October 24th. The fast-food giant reported $1.76 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.75 by $0.01. The business had revenue of $5.75 billion during the quarter, compared to the consensus estimate of $5.75 billion. McDonald's had a net margin of 24.19% and a negative return on equity of 216.45%. McDonald's’s quarterly revenue was down 10.4% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.62 EPS. sell-side analysts anticipate that McDonald's will post 6.53 earnings per share for the current fiscal year.

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

Several institutional investors have recently made changes to their positions in the stock. CWM LLC increased its position in shares of McDonald's by 8.6% during the 4th quarter. CWM LLC now owns 5,384 shares of the fast-food giant’s stock worth $927,000 after purchasing an additional 428 shares in the last quarter. Liberty Capital Management Inc. increased its position in shares of McDonald's by 4.1% during the 4th quarter. Liberty Capital Management Inc. now owns 11,462 shares of the fast-food giant’s stock worth $1,989,000 after purchasing an additional 450 shares in the last quarter. Convergence Investment Partners LLC increased its position in shares of McDonald's by 189.1% during the 4th quarter. Convergence Investment Partners LLC now owns 1,376 shares of the fast-food giant’s stock worth $237,000 after purchasing an additional 900 shares in the last quarter. Nadler Financial Group Inc. increased its position in shares of McDonald's by 4.5% during the 4th quarter. Nadler Financial Group Inc. now owns 7,211 shares of the fast-food giant’s stock worth $1,241,000 after purchasing an additional 309 shares in the last quarter. Finally, Trellis Advisors LLC acquired a new stake in shares of McDonald's during the 4th quarter worth about $269,000. Institutional investors and hedge funds own 67.30% 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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