McDonald’s (NYSE:MCD) Rating Reiterated

The firm have set target of $176.0 on McDonald’s (NYSE:MCD) shares. This is 6.55 % from the current price. In a report revealed on Tuesday, 6 February, Citigroup maintained their Neutral rating on shares of MCD.

NYSE:MCD is currently trading 0.44% higher at $168.11 as of 12:06 PM New York time. McDonald’s’s stock is 0% in the past 200 days. It has underperformed the S&P500 Index, which has increased 6.00% in the same time period.

Out of 22 brokers covering McDonald’s, 15 rate it a Buy, 17 indicate a Hold while 1 suggest a Sell. The highest target is $145 and the lowest is $109 according to Thomson/First Call. The 12-month mean target is $130.77, which means downside potential of 22.21% over the current price.

Institutional Ownership

McDonald’s (NYSE:MCD) 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.

McDonald’s (NYSE:MCD) traded up 0.44% on 6 February, hitting $168.11. A total of 2.18M shares of the company’s stock traded hands. This is down from average of 3.13M shares. McDonald’s has a 52 week low of $114.72 and a 52 week high of $170.92. The company has a market cap of $136.17B and a P/E ratio of 24.26.

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The post Analysts at Citigroup Kept their Neutral rating for McDonald’s (NYSE:MCD) with $176.0 PT appeared first on Octafinance.