Stocks
BMO Sticks by Outperform Call on McDonald's Ahead of Investor Day
BMO Capital has reasserted its 'Outperform' rating for McDonald's stock ahead of the company's Investor Day on Wednesday.
The fast-food chain is trading at a 52-week low following a disappointing first half of 2026, which saw significant U.S. comparable sales deceleration.
Shares are currently priced at $248.24, just above the 52-week low of $247.65, with the stock down 17% year-to-date.
BMO Capital acknowledged that McDonald's shares face a challenging near-term setup due to comparable sales outlook but believes risk/reward remains highly attractive for the brand.