$256.41
-4.31[-1.65%]
At close: Jun 7
$256.41
0[0.00%]
After Hours: 7:59PM EDT
McDonald's
(NYSE:MCD)McDonald's Stock (NYSE:MCD), Analyst Ratings, Price Targets, Predictions
McDonald's Corp has a consensus price target of $273.63, established from looking at the 100 latest analyst ratings. The last 3 analyst ratings were released from JP Morgan, B of A Securities, and TD Cowen on June 3, 2024, May 28, 2024, and May 20, 2024. With an average price target of $297.67 between JP Morgan, B of A Securities, and TD Cowen, there's an implied 16.09% upside for McDonald's Corp from these 3 analyst ratings.
Analyst Firms Making Recommendations1
JP Morgan
B of A Securities
TD Cowen
Guggenheim
Truist Securities
1calculated from analyst ratings published within the last 3 years
Analyst Ratings for McDonald's
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 06/03/2024 | Buy Now | 17% | JP Morgan | John Ivankoe | $290 → $300 | Maintains | Overweight | Get Alert |
| 05/28/2024 | Buy Now | 12.32% | B of A Securities | Gregory Francfort | $302 → $288 | Maintains | Neutral | Get Alert |
| 05/20/2024 | Buy Now | 18.95% | TD Cowen | Andrew Charles | → $305 | Reiterates | Buy → Buy | Get Alert |
| 05/02/2024 | Buy Now | 22.85% | Guggenheim | Gregory Francfort | $325 → $315 | Maintains | Buy | Get Alert |
| 05/02/2024 | Buy Now | 24.8% | Truist Securities | Jake Bartlett | $337 → $320 | Maintains | Buy | Get Alert |
| 05/01/2024 | Buy Now | 13.1% | JP Morgan | John Ivankoe | $300 → $290 | Maintains | Overweight | Get Alert |
| 05/01/2024 | Buy Now | 20.9% | Keybanc | Eric Gonzalez | $315 → $310 | Maintains | Overweight | Get Alert |
| 05/01/2024 | Buy Now | 28.7% | BMO Capital | Andrew Strelzik | $335 → $330 | Maintains | Outperform | Get Alert |
| 05/01/2024 | Buy Now | 15.05% | Wedbush | Nick Setyan | $300 → $295 | Maintains | Outperform | Get Alert |
| 05/01/2024 | Buy Now | 17% | Baird | David Tarantino | $305 → $300 | Maintains | Outperform | Get Alert |
| 05/01/2024 | Buy Now | 18.95% | TD Cowen | Andrew Charles | → $305 | Reiterates | Buy → Buy | Get Alert |
| 04/30/2024 | Buy Now | 18.95% | TD Cowen | Andrew Charles | → $305 | Reiterates | Buy → Buy | Get Alert |
| 04/26/2024 | Buy Now | 17% | Wedbush | Nick Setyan | $330 → $300 | Maintains | Outperform | Get Alert |
| 04/16/2024 | Buy Now | 15.83% | Citigroup | Jon Tower | $312 → $297 | Maintains | Neutral | Get Alert |
| 04/12/2024 | Buy Now | 24.8% | Morgan Stanley | John Glass | $327 → $320 | Maintains | Overweight | Get Alert |
| 04/12/2024 | Buy Now | 18.95% | TD Cowen | Andrew Charles | $325 → $305 | Maintains | Buy | Get Alert |
| 04/11/2024 | Buy Now | 26.75% | TD Cowen | Andrew Charles | → $325 | Reiterates | Buy → Buy | Get Alert |
| 04/11/2024 | Buy Now | 17% | Stifel | Chris O'Cull | $315 → $300 | Maintains | Hold | Get Alert |
| 04/10/2024 | Buy Now | 26.75% | TD Cowen | Andrew Charles | → $325 | Reiterates | Buy → Buy | Get Alert |
| 04/05/2024 | Buy Now | 30.65% | UBS | Dennis Geiger | $340 → $335 | Maintains | Buy | Get Alert |
| 04/03/2024 | Buy Now | — | Erste Group | Hans Engel | — | Downgrade | Buy → Hold | Get Alert |
| 03/27/2024 | Buy Now | 28.7% | Evercore ISI Group | David Palmer | → $330 | Maintains | Outperform | Get Alert |
| 03/25/2024 | Buy Now | — | Argus Research | John Staszak | — | Downgrade | Buy → Hold | Get Alert |
| 03/19/2024 | Buy Now | 26.75% | TD Cowen | Andrew Charles | → $325 | Reiterates | Outperform → Outperform | Get Alert |
| 02/06/2024 | Buy Now | 20.9% | Citigroup | Jon Tower | $327 → $310 | Maintains | Neutral | Get Alert |
| 02/06/2024 | Buy Now | 22.85% | Baird | David Tarantino | → $315 | Reiterates | Outperform → Outperform | Get Alert |
| 02/06/2024 | Buy Now | 24.8% | Stephens & Co. | Joshua Long | → $320 | Reiterates | Overweight → Overweight | Get Alert |
| 02/06/2024 | Buy Now | 30.65% | RBC Capital | Christopher Carril | $340 → $335 | Maintains | Outperform | Get Alert |
| 02/06/2024 | Buy Now | 32.6% | Barclays | Jeffrey Bernstein | $343 → $340 | Maintains | Overweight | Get Alert |
| 02/06/2024 | Buy Now | 32.6% | Truist Securities | Jake Bartlett | $345 → $340 | Maintains | Buy | Get Alert |
FAQ
What is the target price for McDonald's (MCD)?
The latest price target for McDonald's (NYSE: MCD) was reported by JP Morgan on June 3, 2024. The analyst firm set a price target for $300.00 expecting MCD to rise to within 12 months (a possible 17.00% upside). 83 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for McDonald's (MCD)?
The latest analyst rating for McDonald's (NYSE: MCD) was provided by JP Morgan, and McDonald's maintained their overweight rating.
When was the last upgrade for McDonald's (MCD)?
The last upgrade for McDonald's Corp happened on October 31, 2023 when DZ Bank raised their price target to $300. DZ Bank previously had a hold for McDonald's Corp.
When was the last downgrade for McDonald's (MCD)?
The last downgrade for McDonald's Corp happened on April 3, 2024 when Erste Group changed their price target from N/A to N/A for McDonald's Corp.
When is the next analyst rating going to be posted or updated for McDonald's (MCD)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of McDonald's, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for McDonald's was filed on June 3, 2024 so you should expect the next rating to be made available sometime around June 3, 2025.
Is the Analyst Rating McDonald's (MCD) correct?
While ratings are subjective and will change, the latest McDonald's (MCD) rating was a maintained with a price target of $290.00 to $300.00. The current price McDonald's (MCD) is trading at is $256.41, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.