Breaking: Jefferies & Co Maintains $140.00 PT On McDonald’s Corporation (NYSE:MCD) Shares, Maintains Their Original Hold Rating

June 19, 2017 - By Adrian Mccoy

 Breaking: Jefferies & Co Maintains $140.00 PT On McDonald's Corporation (NYSE:MCD) Shares, Maintains Their Original Hold Rating

Investors sentiment increased to 0.88 in Q4 2016. Its up 0.03, from 0.85 in 2016Q3. It increased, as 52 investors sold McDonald’s Corporation shares while 574 reduced holdings. 112 funds opened positions while 441 raised stakes. 538.67 million shares or 0.04% more from 538.45 million shares in 2016Q3 were reported.

Canada Pension Plan Board holds 188,152 shares or 0.08% of its portfolio. Cambridge Fincl Grp accumulated 41,037 shares or 0% of the stock. Cognios Capital Ltd Company accumulated 98,770 shares or 3.66% of the stock. Naples Ltd invested in 13,599 shares. Intrust Bankshares Na reported 0.44% in McDonald’s Corporation (NYSE:MCD). Koshinski Asset Management reported 0% stake. 1St Source Commercial Bank has invested 0.61% in McDonald’s Corporation (NYSE:MCD). Mirae Asset Glob Investments Ltd reported 0.22% in McDonald’s Corporation (NYSE:MCD). Cibc Markets accumulated 0.97% or 780,791 shares. The Tennessee-based Td Capital Llc has invested 0% in McDonald’s Corporation (NYSE:MCD). Clarkston Cap Partners Ltd Liability Corp owns 8,324 shares or 0.05% of their US portfolio. Commercial Bank Hapoalim Bm reported 4,049 shares stake. North Star Investment Corporation holds 30,266 shares or 0.55% of its portfolio. Conning reported 216,547 shares stake. Bbva Compass State Bank reported 24,932 shares.

Since March 3, 2017, it had 1 insider buy, and 1 insider sale for $1,779 activity. $204,528 worth of McDonald’s Corporation (NYSE:MCD) shares were sold by Hoovel Catherine A.. Mulligan John J bought $206,307 worth of stock or 1,600 shares.

McDonald’s Corporation (NYSE:MCD) Rating Reaffirmed

Stock research analysts at Jefferies & Co now has a $140.00 TP on McDonald’s Corporation (NYSE:MCD). Jefferies & Co and their recent TP would suggest a potential downside of -7.89 % from the company’s last stock close. The rating has been disclosed to clients in analysts report on Friday, 16 June.

Investors sentiment increased to 0.88 in Q4 2016. Its up 0.03, from 0.85 in 2016Q3. It increased, as 52 investors sold McDonald’s Corporation shares while 574 reduced holdings. 112 funds opened positions while 441 raised stakes. 538.67 million shares or 0.04% more from 538.45 million shares in 2016Q3 were reported.

Canada Pension Plan Board holds 188,152 shares or 0.08% of its portfolio. Cambridge Fincl Grp accumulated 41,037 shares or 0% of the stock. Cognios Capital Ltd Company accumulated 98,770 shares or 3.66% of the stock. Naples Ltd invested in 13,599 shares. Intrust Bankshares Na reported 0.44% in McDonald’s Corporation (NYSE:MCD). Koshinski Asset Management reported 0% stake. 1St Source Commercial Bank has invested 0.61% in McDonald’s Corporation (NYSE:MCD). Mirae Asset Glob Investments Ltd reported 0.22% in McDonald’s Corporation (NYSE:MCD). Cibc Markets accumulated 0.97% or 780,791 shares. The Tennessee-based Td Capital Llc has invested 0% in McDonald’s Corporation (NYSE:MCD). Clarkston Cap Partners Ltd Liability Corp owns 8,324 shares or 0.05% of their US portfolio. Commercial Bank Hapoalim Bm reported 4,049 shares stake. North Star Investment Corporation holds 30,266 shares or 0.55% of its portfolio. Conning reported 216,547 shares stake. Bbva Compass State Bank reported 24,932 shares.

Since March 3, 2017, it had 1 insider buy, and 1 insider sale for $1,779 activity. $204,528 worth of McDonald’s Corporation (NYSE:MCD) shares were sold by Hoovel Catherine A.. Mulligan John J bought $206,307 worth of stock or 1,600 shares.

McDonald’s Corporation (NYSE:MCD) Ratings Coverage

Among 26 analysts covering McDonald’s Corporation (NYSE:MCD), 17 have Buy rating, 1 Sell and 8 Hold. Therefore 65% are positive. McDonald’s Corporation has $170 highest and $35 lowest target. $130.71’s average target is -14.45% below currents $152.79 stock price. McDonald’s Corporation had 69 analyst reports since September 29, 2015 according to SRatingsIntel. The stock of McDonald’s Corporation (NYSE:MCD) earned “Buy” rating by BTIG Research on Tuesday, January 19. The stock of McDonald’s Corporation (NYSE:MCD) earned “Outperform” rating by RBC Capital Markets on Wednesday, April 26. Credit Suisse maintained it with “Outperform” rating and $135 target in Tuesday, March 29 report. The stock of McDonald’s Corporation (NYSE:MCD) has “Hold” rating given on Friday, June 16 by Jefferies. The stock of McDonald’s Corporation (NYSE:MCD) has “Buy” rating given on Wednesday, April 12 by Cleveland. The stock has “Outperform” rating by Credit Suisse on Tuesday, September 29. Barclays Capital maintained it with “Overweight” rating and $120 target in Friday, October 23 report. The firm earned “Buy” rating on Monday, December 5 by Nomura. Cowen & Co maintained McDonald’s Corporation (NYSE:MCD) rating on Monday, March 28. Cowen & Co has “Market Perform” rating and $125 target. The rating was maintained by RBC Capital Markets with “Outperform” on Wednesday, November 11.

About 783 shares traded. McDonald’s Corporation (NYSE:MCD) has risen 18.25% since June 19, 2016 and is uptrending. It has outperformed by 1.55% the S&P500.

Analysts await McDonald’s Corporation (NYSE:MCD) to report earnings on July, 25. They expect $1.61 earnings per share, up 11.03 % or $0.16 from last year’s $1.45 per share. MCD’s profit will be $1.31 billion for 23.68 P/E if the $1.61 EPS becomes a reality. After $1.47 actual earnings per share reported by McDonald’s Corporation for the previous quarter, Wall Street now forecasts 9.52 % EPS growth.

McDonald’s Corporation operates and franchises McDonald’s restaurants. The company has market cap of $124.55 billion. The Company’s restaurants serve a locally relevant menu of food and drinks sold at various price points in over 100 countries. It has a 26.81 P/E ratio. The Company’s divisions include U.S., International Lead Markets, High Growth Markets, and Foundational Markets and Corporate.

More notable recent McDonald’s Corporation (NYSE:MCD) news were published by: Seekingalpha.com which released: “McDonald’s: The Fast Food REIT” on June 05, 2017, also Seekingalpha.com with their article: “McDonald’s: Learning From Mistakes” published on May 24, 2017, Seekingalpha.com published: “McDonald’s expands delivery, solves the soggy fries conundrum” on June 01, 2017. More interesting news about McDonald’s Corporation (NYSE:MCD) were released by: Fool.com and their article: “How McDonald’s Corporation Makes Most of Its Money” published on June 03, 2017 as well as Investorplace.com‘s news article titled: “McDonald’s Corporation (MCD) Ends Olympic Sponsorship After 41 Years” with publication date: June 16, 2017.

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