MCD Receives Average Recommendation of Moderate Buy

McDonald's Corporation (NYSE:MCD) has received an average recommendation of 'Moderate Buy' from twenty-seven ratings firms covering the stock, according to MarketBeat Ratings. The company has been rated by eleven research analysts with a hold rating, fifteen with a buy rating, and one with a strong buy rating.

The average twelve-month price objective among analysts who have issued a report on the stock in the last year is $325.8750. Tigress Financial increased its price target on MCD shares from $385.00 to $390.00 and gave the stock a 'buy' rating in a research note on July 17th.

McDonald's has a market cap of $191.66 billion, a P/E ratio of 22.00, a P/E/G ratio of 3.04, and a beta of 0.41. The company reported $7.10 billion in revenue during the quarter, beating the consensus estimate of $7.13 billion.