JP Morgan reiterated coverage on McDonald's with a new price target
$MCD
Restaurants
Consumer Discretionary
JP Morgan reiterated coverage of McDonald's with a rating of Overweight and set a new price target of $290.00 from $300.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/23/2024 | $290.00 → $285.00 | Buy → Neutral | Guggenheim |
| 10/23/2024 | $320.00 → $290.00 | Outperform → Neutral | Robert W. Baird |
| 10/15/2024 | $295.00 → $350.00 | Buy | Truist |
| 10/8/2024 | Hold → Buy | Argus | |
| 9/9/2024 | $310.00 → $330.00 | Buy | Jefferies |
| 7/31/2024 | $285.00 → $280.00 | Buy → Hold | TD Cowen |
| 7/10/2024 | $300.00 → $290.00 | Overweight | JP Morgan |
| 7/2/2024 | $315.00 → $280.00 | Buy | Guggenheim |
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McDonald's (NYSE:MCD) has outperformed the market over the past 20 years by 3.43% on an annualized basis producing an average annual return of 11.83%. Currently, McDonald's has a market capitalization of $185.55 billion. Buying $1000 In MCD: If an investor had bought $1000 of MCD stock 20 years ago, it would be worth $9,446.77 today based on a price of $257.46 for MCD at the time of writing. McDonald's's Performance Over Last 20 Years Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time. This article was generated by Benzinga's automated content engine an
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Guggenheim downgraded McDonald's from Buy to Neutral and set a new price target of $285.00 from $290.00 previously
Robert W. Baird downgraded McDonald's from Outperform to Neutral and set a new price target of $290.00 from $320.00 previously
Truist reiterated coverage of McDonald's with a rating of Buy and set a new price target of $350.00 from $295.00 previously
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