18 Analysts Have This to Say About McDonald's
Portfolio Pulse from Benzinga Insights
McDonald's (NYSE:MCD) has received 18 analyst ratings in the last quarter, with 5 bullish, 11 somewhat bullish, and 2 indifferent. There were no somewhat bearish or bearish ratings. The average 12-month price target among these analysts is $311.0, with a high of $355.00 and a low of $278.00, representing a 3.28% decrease from the previous average price target of $321.55.
November 30, 2023 | 12:00 pm
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McDonald's has a majority of positive ratings from analysts, with an average price target of $311, which is slightly lower than the previous target of $321.55.
While the overall sentiment from analysts is positive, the decrease in the average price target could indicate a tempered outlook on the stock's growth potential. However, the absence of bearish ratings suggests a stable outlook, which may not significantly impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100