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McDonald's Corp has a consensus price target of $319.64 based on the ratings of 29 analysts. The high is $360 issued by Tigress Financial on September 3, 2024. The low is $265 issued by Stifel on July 22, 2024. The 3 most-recent analyst ratings were released by B of A Securities, Truist Securities, and BMO Capital on October 30, 2024, respectively. With an average price target of $333.67 between B of A Securities, Truist Securities, and BMO Capital, there's an implied 13.96% upside for McDonald's Corp from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for McDonald's (NYSE:MCD) was reported by B of A Securities on October 30, 2024. The analyst firm set a price target for $324.00 expecting MCD to rise to within 12 months (a possible 10.66% upside). 90 analyst firms have reported ratings in the last year.
The latest analyst rating for McDonald's (NYSE:MCD) was provided by B of A Securities, and McDonald's maintained their neutral rating.
The last upgrade for McDonald's Corp happened on October 8, 2024 when Argus Research raised their price target to N/A. Argus Research previously had a hold for McDonald's Corp.
The last downgrade for McDonald's Corp happened on October 23, 2024 when Guggenheim changed their price target from N/A to $285 for McDonald's Corp.
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 October 30, 2024 so you should expect the next rating to be made available sometime around October 30, 2025.
While ratings are subjective and will change, the latest McDonald's (MCD) rating was a maintained with a price target of $321.00 to $324.00. The current price McDonald's (MCD) is trading at is $292.79, which is out of the analyst’s predicted range.
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