McDonald’s (NYSE:MCD) “Outperform” Rating Reconfirmed Today By Telsey Advisory Group; The Price Target is Set to $175

July 27, 2018 - By Pearl Odom

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Investors sentiment decreased to 0.79 in Q1 2018. Its down 0.09, from 0.88 in 2017Q4. It worsened, as 78 investors sold McDonald's Corporation shares while 616 reduced holdings. 106 funds opened positions while 439 raised stakes. 508.60 million shares or 1.89% less from 518.42 million shares in 2017Q4 were reported.

Commonwealth Bankshares Of Aus accumulated 39,472 shares. Ferguson Wellman Cap Management Incorporated holds 0.23% of its portfolio in McDonald's Corporation (NYSE:MCD) for 41,803 shares. Smith Moore And invested in 0.26% or 6,260 shares. Altavista Wealth Mngmt owns 32,278 shares. North Amer Mgmt Corporation accumulated 44,180 shares or 1.11% of the stock. Ckw Finance Grp Inc has 100,797 shares for 3.53% of their portfolio. Brinker Capital stated it has 0.02% of its portfolio in McDonald's Corporation (NYSE:MCD). Woodstock holds 21,864 shares or 0.65% of its portfolio. Chemung Canal Communication reported 1.99% of its portfolio in McDonald's Corporation (NYSE:MCD). Altfest L J And reported 0.53% in McDonald's Corporation (NYSE:MCD). Lincoln Corp accumulated 11,842 shares. Wealthfront accumulated 37,317 shares. Summit Asset Mngmt Ltd Liability Corp, a Tennessee-based fund reported 1,480 shares. Hs Management Prns Ltd, New York-based fund reported 1.54 million shares. America First Investment Advisors Limited Liability Co invested in 1,661 shares.

Since January 31, 2018, it had 0 buys, and 4 selling transactions for $11.52 million activity. 34,575 shares valued at $6.00 million were sold by GOARE DOUGLAS M on Wednesday, January 31. Hoovel Catherine A. sold $238,415 worth of stock.

McDonald’s (NYSE:MCD) Rating Reaffirmed

The broker has just set a target of $175 on McDonald’s (NYSE:MCD) shares. This is 12.08 % from the stock close price. In a research report issued to clients and investors on 27 July, Telsey Advisory Group reiterated their “Outperform” rating on shares of MCD.

McDonald's Corporation (NYSE:MCD) Ratings Coverage

Among 21 analysts covering McDonald’s Corp (NYSE:MCD), 16 have Buy rating, 0 Sell and 5 Hold. Therefore 76% are positive. McDonald’s Corp has $203 highest and $165 lowest target. $188.21’s average target is 20.54% above currents $156.14 stock price. McDonald’s Corp had 31 analyst reports since January 29, 2018 according to SRatingsIntel. Stifel Nicolaus maintained McDonald's Corporation (NYSE:MCD) rating on Tuesday, May 1. Stifel Nicolaus has “Hold” rating and $168 target. Barclays Capital maintained the stock with “Overweight” rating in Wednesday, January 31 report. SunTrust maintained it with “Buy” rating and $18800 target in Tuesday, April 17 report. SunTrust maintained the shares of MCD in report on Tuesday, January 30 with “Buy” rating. The rating was maintained by BMO Capital Markets with “Buy” on Monday, March 12. Cowen & Co maintained McDonald's Corporation (NYSE:MCD) on Wednesday, April 18 with “Buy” rating. The rating was maintained by Mizuho on Tuesday, January 30 with “Buy”. The stock has “Hold” rating by Oppenheimer on Tuesday, January 30. The firm has “Outperform” rating given on Tuesday, March 6 by Credit Suisse. The firm has “Buy” rating by Jefferies given on Friday, March 16.

The stock decreased 1.73% or $2.75 during the last trading session, reaching $156.14. About 7.41 million shares traded or 94.34% up from the average. McDonald's Corporation (NYSE:MCD) has risen 8.97% since July 27, 2017 and is uptrending. It has underperformed by 3.60% the S&P500.

McDonaldÂ’s Corporation operates and franchises McDonaldÂ’s restaurants in the United States, Europe, the Asia/Pacific, the Middle East, Africa, Canada, Latin America, and internationally. The company has market cap of $122.60 billion. The company's restaurants offer various food products, soft drinks, coffee, and other beverages. It has a 23.58 P/E ratio. As of December 31, 2016, it operated 36,899 restaurants, including 31,230 franchised restaurants comprising 21,559 franchised to conventional franchisees, 6,300 licensed to developmental licensees, and 3,371 licensed to foreign affiliates; and 5,669 company-operated restaurants.

More notable recent McDonald's Corporation (NYSE:MCD) news were published by: Fool.com which released: “Better Buy: Starbucks vs. McDonald’s” on July 22, 2018, also Fool.com with their article: “Will Investors Treat McDonald’s Like They Did Chipotle?” published on July 25, 2018, Seekingalpha.com published: “Is McDonald’s An Undervalued Dividend Growth Stock?” on July 09, 2018. More interesting news about McDonald's Corporation (NYSE:MCD) were released by: Seekingalpha.com and their article: “McDonald’s (MCD) Q2 2018 Results – Earnings Call Transcript” published on July 26, 2018 as well as Seekingalpha.com‘s news article titled: “McDonald’s Reports Earnings Struggling Below Many Key Technical Levels” with publication date: July 26, 2018.

McDonald's Corporation (NYSE:MCD) Institutional Positions Chart

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