Broker recommendations for McDonald’s Corp.
The McDonald’s Corp. stock is rated at 1.28125 (on a scale 1-3, where 1 is ‘strong buy‘ and 3 is ‘strong sell‘) from Wednesday 30 September, 2020 by a total of 32 brokers. This means that the consensus of the 32 different brokers is leaning toward to buy/moderate buy.
0 (0%) Underweight
0 (0%) Hold
8 (25%) Overweight
2 (6.25%) Buy
Price target by analysts
The 27 latest analyst estimates, per Thursday 15 October, 2020, show the following high, low and average price targets.
Target Average: 236.74 USD
Target High: 265 USD
Target Low: 185 USD
In-house counsel on the move: McDonald’s seeks new GC after Krulewitch diagnosed with Parkinson’s
Friday, 16 October 2020, 23:47:29
McDonald’s Corp is searching for a new general counsel after its top lawyer was diagnosed with Parkinson’s disease and opted to follow his doctors’ advice to step down, the fast food restaurant chain disclosed in a regulatory filing Thursday.
Just Eat soars as pandemic boosts demand for takeaways
Wednesday, 14 October 2020, 22:53:06
As investors welcomed a 46 per cent rise in orders in the third quarter of the year, helped by tie-ups with McDonald’s and Greggs, the food delivery group’s stock rose another 6.4 per cent to 9404p.
— This is Money
An Encouraging Sign For McDonald’s (With Help From Travis Scott)
Tuesday, 13 October 2020, 23:50:21
McDonald’s Corp (NYSE: MCD ) saw a spike in year-over-year weekly visits at the start of September but has slowed down, according to location intelligence platform company Placer.ai. McDonald’s saw a notable surge in traffic in early September, coinciding with the Labor Day long weekend and a strong marketing campaign with rapper Travis Scott. Specifically, weekly visits at McDonald’s locations … Full story available on Benzinga.com
Insurer says McDonald’s policy doesn’t apply to workers’ COVID-19 safety lawsuit
Friday, 9 October 2020, 19:43:52
Austin Mutual Insurance Co has told a federal judge in Chicago that it does not have to cover legal costs incurred by McDonald’s Corp and two of its franchisees defending a lawsuit accusing the companies of failing to protect workers amid the COVID-19 pandemic.
McDonald’s, Domino’s Not Immune To COVID-19 Pandemic In Q3
Thursday, 8 October 2020, 16:16:24
Shares of McDonald’s Corp (NYSE: MCD ) and Domino’s Pizza, Inc. (NYSE: DPZ ) moved in opposite directions Thursday morning after the hamburger chain announced third-quarter comparable sales and the pizza chain reported third-quarter results. McDonald’s Sales: McDonald’s reported U.S. same-store sales in the third quarter rose 4.6%. The positive comps were attributed to average check growth from larger group orders and strong performance during dinner times. McDonald’s performance appears to have benefited from a new collaboration with rapper Travis Scott that kicked off in September. Company-wide comparable same store sales were down 2.2% in the quarter. International Operating Markets same-store sales were down 4.4% while International Developmental Licensed Markets & Corporate same-store sales were down 10.1%. In conjunction … Full story available on Benzinga.com
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