Analyst Expectations for McDonald's's Future
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 27 analysts have published their opinions on McDonald's (NYSE:MCD) stock, with an average price target of $317.67, implying an upside from the current price of $288.44. The current average has increased by 4.62% from the previous average price target of $303.65.
June 15, 2023 | 1:02 pm
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27 analysts have an average price target of $317.67 for McDonald's stock, indicating a potential upside from the current price of $288.44.
The average price target of $317.67, which is higher than the current price of $288.44, suggests that analysts are bullish on McDonald's stock. This could lead to a short-term increase in the stock price as investors may follow the analysts' predictions. The increase in the average price target from the previous average of $303.65 also indicates growing optimism among analysts.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100