McDonald's (NYSE:MCD) has been assigned a $200.00 target price by equities research analysts at Goldman Sachs Group in a report issued on Friday. The firm presently has a “buy” rating on the fast-food giant’s stock. Goldman Sachs Group’s target price points to a potential upside of 14.57% from the company’s previous close.

Other equities research analysts have also issued reports about the stock. Zacks Investment Research lowered shares of McDonald's from a “buy” rating to a “hold” rating in a report on Wednesday. Robert W. Baird reissued an “outperform” rating and set a $170.00 target price on shares of McDonald's in a report on Tuesday, October 3rd. UBS Group set a $170.00 target price on shares of McDonald's and gave the stock a “hold” rating in a report on Wednesday, October 25th. JPMorgan Chase & Co. set a $175.00 target price on shares of McDonald's and gave the stock a “buy” rating in a report on Wednesday, October 25th. Finally, BMO Capital Markets set a $175.00 target price on shares of McDonald's and gave the stock a “buy” rating in a report on Wednesday, October 25th. Nine analysts have rated the stock with a hold rating and twenty-six have assigned a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $179.68.

McDonald's (NYSE MCD) traded down $0.41 on Friday, reaching $174.57. 2,154,700 shares of the company’s stock were exchanged, compared to its average volume of 3,067,883. McDonald's has a 52-week low of $119.82 and a 52-week high of $175.78. The company has a quick ratio of 1.27, a current ratio of 1.28 and a debt-to-equity ratio of -8.17. The company has a market cap of $141,500.00, a price-to-earnings ratio of 25.19, a price-to-earnings-growth ratio of 2.76 and a beta of 0.67.

McDonald's (NYSE:MCD) last posted its earnings results on Tuesday, October 24th. The fast-food giant reported $1.76 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.75 by $0.01. McDonald's had a net margin of 24.19% and a negative return on equity of 216.45%. The firm had revenue of $5.75 billion for the quarter, compared to analyst estimates of $5.75 billion. During the same period in the previous year, the firm posted $1.62 EPS. The company’s revenue for the quarter was down 10.4% compared to the same quarter last year. research analysts expect that McDonald's will post 6.53 EPS for the current fiscal year.

In related news, insider Stephen Easterbrook sold 171,577 shares of the business’s stock in a transaction on Tuesday, November 21st. The shares were sold at an average price of $168.32, for a total transaction of $28,879,840.64. Following the transaction, the insider now owns 49,778 shares in the company, valued at approximately $8,378,632.96. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, VP James R. Sappington sold 8,046 shares of the business’s stock in a transaction on Wednesday, October 25th. The shares were sold at an average price of $165.00, for a total transaction of $1,327,590.00. Following the transaction, the vice president now owns 15,739 shares in the company, valued at approximately $2,596,935. The disclosure for this sale can be found here. 0.24% of the stock is owned by insiders.

Several institutional investors have recently added to or reduced their stakes in MCD. Jennison Associates LLC lifted its position in shares of McDonald's by 681.3% during the 2nd quarter. Jennison Associates LLC now owns 6,109,830 shares of the fast-food giant’s stock valued at $935,782,000 after acquiring an additional 5,327,778 shares during the period. Janus Henderson Group PLC raised its holdings in McDonald's by 3,951.0% during the second quarter. Janus Henderson Group PLC now owns 4,422,423 shares of the fast-food giant’s stock worth $677,339,000 after buying an additional 4,313,253 shares during the last quarter. FMR LLC raised its holdings in McDonald's by 72.9% during the second quarter. FMR LLC now owns 8,371,823 shares of the fast-food giant’s stock worth $1,282,229,000 after buying an additional 3,530,622 shares during the last quarter. Alliancebernstein L.P. raised its holdings in McDonald's by 69.9% during the second quarter. Alliancebernstein L.P. now owns 7,558,294 shares of the fast-food giant’s stock worth $1,157,628,000 after buying an additional 3,110,669 shares during the last quarter. Finally, BlackRock Inc. raised its holdings in McDonald's by 3.0% during the second quarter. BlackRock Inc. now owns 54,606,388 shares of the fast-food giant’s stock worth $8,363,515,000 after buying an additional 1,586,761 shares during the last quarter. Institutional investors own 67.30% of the company’s stock.

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About McDonald's

McDonald’s Corporation (McDonald’s) operates and franchises McDonald’s restaurants. The Company’s restaurants serve a locally relevant menu of food and drinks sold at various price points in over 100 countries. The Company’s segments include U.S., International Lead Markets, High Growth Markets, and Foundational Markets and Corporate.

Analyst Recommendations for McDonald's (NYSE:MCD)

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