Zachary Fadem analyst at Wells Fargo reiterates coverage on McDonald's (MCD) in the healthtech stock sector with a Buy rating. TipRanks.com has Fadem rated as a 4.9 star analyst with a 65% return on investment and a 14.9% success rate. Fadem has set a price target of $310.
TipRanks.com reports that McDonald's stock currently has 17 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $289.62. The target pricing ranges from a high forecast of $330.00 down to a low forecast of $260.00. McDonald's (MCD) stock's last closing price was $277.57 which would put the average price target at 19.72% upside.
In addition, TradingView.com issued a sell rating for MCD over the next month, Barchart.com has a sell rating and Yahoo! Finance has a Bearish short-term outlook. Remember, securities are volatile, so please do your own research on MCD's stock.
Other analysts covering MCD stock include:
- Alton Stump of Loop Capital Markets issued a Buy rating with the price target of $383 on 21 hours ago
- Alison Fok of DBS issued a Buy rating with the price target of $339 on 3 weeks ago
- Jon Tower of Citi issued a Hold rating with the price target of $317 on 4 weeks ago
- Chris O`Cull of Stifel Nicolaus issued a Hold rating with the price target of $315 on 1 month ago
Just a reminder, one resource you need to consider using Tipranks.com where as a premium member you get access to all buy ratings, price targets and insider trading signals.
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