Stifel Nicolaus analyst Christopher O`Cull maintained a Hold rating on McDonald's on Friday, setting a price target of $260, which is approximately 3.20% above the present share price of $251.95.
O`Cull expects McDonald's to post earnings per share (EPS) of $2.88 for the fourth quarter of 2021.
The current consensus among 22 TipRanks analysts is for a Strong Buy rating of shares in McDonald's, with an average price target of $275.14.
The analysts price targets range from a high of $306 to a low of $255.
In its latest earnings report, released on 09/30/2021, the company reported a quarterly revenue of $6.2 billion and a net profit of $2.79 billion. The company's market cap is $188.27 billion.
According to TipRanks.com, Stifel Nicolaus analyst Christopher O`Cull is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 18.9% and a 71.10% success rate.
Founded in 1955, McDonald's Corp (NYSE:MCD). is world's leading fast food chain that operates and franchises over 30,000 restaurants in more than 100 countries. More than 90% of McDonald’s restaurants are owned and operated by independent local business owners. Its popular products include Big Mac, Quarter Pounder with Cheese, Filet-O-Fish, Chicken McNuggets, McDonald's Fries, McFlurry desserts, and McCafé beverages, among others. The company is headquartered in Oak Brook, Illinois.