McDonald's Price Target Cut by Royal Bank of Canada
Royal Bank of Canada has lowered its price target for McDonald's (NYSE:MCD) from $290.00 to $285.00 in a research report issued on Thursday.
This move suggests a potential upside of 18.94% from the stock's current price, which is currently at $239.61.
McDonald's has a market capitalization of $169.56 billion and a PE ratio of 19.50. The company's 50-day moving average price is $263.58 and its 200 day moving average price is $281.71.