McDonald’s (NYSE:MCD) Stock Price Target Raised at Citigroup

McDonald’s (NYSE:MCD) had its target price increased by equities research analysts at Citigroup from $295.00 to $315.00 in a note issued to investors on Thursday, Benzinga reports. The firm currently has a “buy” rating on the fast-food giant’s stock. Citigroup‘s price target points to a potential upside of 13.28% from the stock’s current price.

Other equities research analysts have also issued reports about the company. BMO Capital Markets restated an “outperform” rating on shares of McDonald’s in a research report on Thursday. BTIG Research increased their price objective on McDonald’s from $295.00 to $305.00 and gave the stock a “buy” rating in a report on Thursday. Loop Capital reduced their target price on shares of McDonald’s from $301.00 to $273.00 and set a “hold” rating on the stock in a research report on Wednesday, August 5th. Weiss Ratings lowered shares of McDonald’s from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, October 2nd. Finally, Royal Bank Of Canada lifted their price target on shares of McDonald’s from $285.00 to $300.00 and gave the company a “sector perform” rating in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, McDonald’s currently has a consensus rating of “Moderate Buy” and a consensus price target of $297.21.

McDonald’s Price Performance

MCD traded down $2.16 on Thursday, hitting $278.06. The company had a trading volume of 7,258,663 shares, compared to its average volume of 4,353,272. McDonald’s has a 52-week low of $229.20 and a 52-week high of $341.75. The stock has a fifty day simple moving average of $248.20 and a 200-day simple moving average of $282.85. The firm has a market capitalization of $196.77 billion, a P/E ratio of 22.59, a P/E/G ratio of 3.01 and a beta of 0.42.

McDonald’s (NYSE:MCD) last posted its quarterly earnings data on Wednesday, November 4th. The fast-food giant reported $3.57 earnings per share for the quarter, beating the consensus estimate of $3.38 by $0.19. McDonald’s had a negative return on equity of 572.06% and a net margin of 31.72%. The business had revenue of $7.16 billion for the quarter, compared to analysts’ expectations of $7.28 billion. During the same period in the previous year, the firm posted $3.22 EPS. The business’s revenue was up 1.1% on a year-over-year basis. Equities research analysts expect that McDonald’s will post 12.82 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of MCD. Silver Grove Financial Group Inc. lifted its holdings in shares of McDonald’s by 53.5% during the third quarter. Silver Grove Financial Group Inc. now owns 973 shares of the fast-food giant’s stock valued at $225,000 after purchasing an additional 339 shares in the last quarter. Inspire Trust Co. N.A. boosted its position in shares of McDonald’s by 105.8% during the third quarter. Inspire Trust Co. N.A. now owns 24,700 shares of the fast-food giant’s stock valued at $5,704,000 after buying an additional 12,700 shares during the last quarter. Mesirow Financial Investment Management Inc. increased its holdings in McDonald’s by 4.9% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 36,046 shares of the fast-food giant’s stock worth $8,325,000 after buying an additional 1,680 shares in the last quarter. Woodley Farra Manion Portfolio Management Inc. increased its holdings in McDonald’s by 12.0% in the 3rd quarter. Woodley Farra Manion Portfolio Management Inc. now owns 17,398 shares of the fast-food giant’s stock worth $4,018,000 after buying an additional 1,868 shares in the last quarter. Finally, Cassia Capital Partners LLC raised its position in McDonald’s by 10.7% in the 3rd quarter. Cassia Capital Partners LLC now owns 5,077 shares of the fast-food giant’s stock worth $1,173,000 after buying an additional 492 shares during the last quarter. 70.29% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about McDonald’s

Here are the key news stories impacting McDonald’s this week:

• Positive Sentiment: Third-quarter adjusted EPS of $3.57 beat the roughly $3.38 analyst estimate, with franchised margins and international markets helping offset domestic weakness. McDonald’s Q3 Earnings Beat, but U.S. Traffic Still Pressures Growth
• Positive Sentiment: KeyCorp raised its price target to $307 and Wells Fargo lifted its target to $300; both maintained Overweight ratings, signaling potential upside in their assessments. KeyCorp recommendations Wells Fargo recommendations
• Neutral Sentiment: McDonald’s is testing value-menu options in 1,900 U.S. restaurants, with a possible nationwide launch in early 2027. Affordable bundles, digital offers and beverage expansion are intended to bring customers back, though their effect on sales and margins is not yet clear. McDonald’s plans new value menu offerings next year
• Negative Sentiment: Revenue of $7.16 billion fell short of the roughly $7.28 billion forecast. U.S. comparable sales declined 0.2%—the first drop in six quarters—as consumers remain pressured by living costs and restaurant traffic is sluggish. McDonald’s US sales decline for first time in six quarters

About McDonald’s

McDonald’s Corporation is a global quick-service restaurant company that operates and franchises restaurants under the McDonald’s brand. Its restaurants serve a menu that includes hamburgers, cheeseburgers, chicken sandwiches, French fries, breakfast items, desserts, salads, beverages and coffee. Offerings vary by market, and many locations provide drive-thru service, delivery and digital ordering through the McDonald’s mobile app.

The company operates through a heavily franchised business model, with restaurants owned and operated by independent franchisees, affiliates and the company itself.