What 21 Analyst Ratings Have To Say About McDonald's
Portfolio Pulse from Benzinga Insights
In the last quarter, McDonald's (NYSE:MCD) received 21 analyst ratings, with 4 being bullish, 13 somewhat bullish, and 4 indifferent. The average 12-month price target for McDonald's over the past 3 months is $324.81, an increase of 0.46% from the previous average price target of $323.31.
October 19, 2023 | 5:00 pm
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McDonald's received mostly bullish ratings from analysts, indicating a positive outlook for the stock. The increase in the average price target suggests potential upside.
The majority of the 21 analyst ratings for McDonald's in the last quarter were bullish or somewhat bullish, indicating a positive sentiment towards the stock. The increase in the average 12-month price target from $323.31 to $324.81 suggests that analysts see potential for the stock's price to rise.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100