Jefferies Has Just Reaffirmed $140.0000 Target Price Per Share on McDonald’s Corp (NYSE:MCD) stock, While They’ve Also Reiterated Their Hold Rating

July 26, 2017 - By Henry Gaston

 Jefferies Has Just Reaffirmed $140.0000 Target Price Per Share on McDonald's Corp (NYSE:MCD) stock, While They’ve Also Reiterated Their Hold Rating

Investors sentiment increased to 0.88 in Q4 2016. Its up 0.03, from 0.85 in 2016Q3. It is positive, 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.

Cheviot Value Management Lc accumulated 31,087 shares. Wealthcare Mgmt Limited Company accumulated 0.01% or 404 shares. Univest Corporation Of Pennsylvania has 0.11% invested in McDonald’s Corporation (NYSE:MCD) for 2,119 shares. 1,657 were accumulated by Thompson Inv Management. 18,633 are owned by Founders Capital Mngmt. The Georgia-based Cap Inv Advsrs Limited Com has invested 0.27% in McDonald’s Corporation (NYSE:MCD). Oxbow Advisors Ltd Liability reported 4,018 shares. Shelton holds 0.52% or 47,336 shares in its portfolio. First Long Island Invsts Lc reported 68,760 shares. Mackenzie Fincl Corporation owns 265,710 shares. Intersect Cap Lc reported 11,843 shares. Minnesota-based Sit Inv Associates has invested 0.01% in McDonald’s Corporation (NYSE:MCD). Destination Wealth has invested 0.02% of its portfolio in McDonald’s Corporation (NYSE:MCD). Ruane Cunniff Goldfarb owns 12,845 shares or 0.01% of their US portfolio. Bangor Retail Bank holds 0.22% or 7,542 shares in its portfolio.

Since March 3, 2017, it had 1 buying transaction, and 1 insider sale for $1,779 activity. Mulligan John J bought 1,600 shares worth $206,307. Shares for $204,528 were sold by Hoovel Catherine A..

McDonald’s Corp (NYSE:MCD) Rating Reaffirmed

The broker has just set a target price per share of $140.0000 on McDonald’s Corp (NYSE:MCD) shares. This is -11.96 % from the previous close. In analysts note sent to investors on Wednesday morning, Jefferies maintained their Hold rating on shares of MCD.

Investors sentiment increased to 0.88 in Q4 2016. Its up 0.03, from 0.85 in 2016Q3. It is positive, 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.

Cheviot Value Management Lc accumulated 31,087 shares. Wealthcare Mgmt Limited Company accumulated 0.01% or 404 shares. Univest Corporation Of Pennsylvania has 0.11% invested in McDonald’s Corporation (NYSE:MCD) for 2,119 shares. 1,657 were accumulated by Thompson Inv Management. 18,633 are owned by Founders Capital Mngmt. The Georgia-based Cap Inv Advsrs Limited Com has invested 0.27% in McDonald’s Corporation (NYSE:MCD). Oxbow Advisors Ltd Liability reported 4,018 shares. Shelton holds 0.52% or 47,336 shares in its portfolio. First Long Island Invsts Lc reported 68,760 shares. Mackenzie Fincl Corporation owns 265,710 shares. Intersect Cap Lc reported 11,843 shares. Minnesota-based Sit Inv Associates has invested 0.01% in McDonald’s Corporation (NYSE:MCD). Destination Wealth has invested 0.02% of its portfolio in McDonald’s Corporation (NYSE:MCD). Ruane Cunniff Goldfarb owns 12,845 shares or 0.01% of their US portfolio. Bangor Retail Bank holds 0.22% or 7,542 shares in its portfolio.

Since March 3, 2017, it had 1 buying transaction, and 1 insider sale for $1,779 activity. Mulligan John J bought 1,600 shares worth $206,307. Shares for $204,528 were sold by Hoovel Catherine A..

McDonald’s Corporation (NYSE:MCD) Ratings Coverage

Among 28 analysts covering McDonald’s Corporation (NYSE:MCD), 20 have Buy rating, 1 Sell and 7 Hold. Therefore 71% are positive. McDonald’s Corporation has $175 highest and $35 lowest target. $139.77’s average target is -12.10% below currents $159.01 stock price. McDonald’s Corporation had 78 analyst reports since September 29, 2015 according to SRatingsIntel. As per Tuesday, June 13, the company rating was maintained by Bank of America. Jefferies maintained McDonald’s Corporation (NYSE:MCD) on Tuesday, January 26 with “Hold” rating. The firm has “Buy” rating by Suntrust Robinson given on Thursday, October 8. On Friday, April 21 the stock rating was maintained by Telsey Advisory Group with “Outperform”. BMO Capital Markets maintained McDonald’s Corporation (NYSE:MCD) rating on Thursday, June 22. BMO Capital Markets has “Buy” rating and $16500 target. The stock of McDonald’s Corporation (NYSE:MCD) earned “Neutral” rating by Robert W. Baird on Wednesday, June 29. The rating was upgraded by Credit Suisse to “Outperform” on Tuesday, September 29. The rating was maintained by Bernstein with “Outperform” on Thursday, May 25. Deutsche Bank maintained McDonald’s Corporation (NYSE:MCD) on Monday, April 25 with “Buy” rating. The stock of McDonald’s Corporation (NYSE:MCD) has “Hold” rating given on Tuesday, April 5 by Evercore.

About 1,478 shares traded. McDonald’s Corporation (NYSE:MCD) has risen 18.25% since July 26, 2016 and is uptrending. It has outperformed by 1.55% the S&P500.

McDonald’s Corporation operates and franchises McDonald’s restaurants. The company has market cap of $135.82 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 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 (MCD) Q2 2017 Results – Earnings Call Transcript” on July 25, 2017, also Fool.com with their article: “Better Buy: McDonald’s Corporation vs. Burger King (RBI)” published on July 20, 2017, Fool.com published: “Why McDonald’s Corporation Stock Popped Today” on July 25, 2017. More interesting news about McDonald’s Corporation (NYSE:MCD) were released by: Seekingalpha.com and their article: “McDonald’s: Shifting Business Model Creates Opportunity For Investors” published on July 11, 2017 as well as Valuewalk.com‘s news article titled: “Chipotle Mexican Grill, Inc., McDonald’s Corporation Q2 2017 Earnings Previews” with publication date: July 24, 2017.

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