Is McDonald’s Corp (NYSE:MCD) Worth Your Time and Dime Following a Morgan Stanley Upgrade?

McDonald's Corporation (NYSE:MCD) Logo

Investors sentiment increased to 0.99 in Q2 2018. Its up 0.20, from 0.79 in 2018Q1. It increased, as 41 investors sold McDonald's Corporation shares while 545 reduced holdings. 118 funds opened positions while 465 raised stakes. 511.55 million shares or 0.58% more from 508.60 million shares in 2018Q1 were reported.

Pub Sector Pension Inv Board, a Quebec – Canada-based fund reported 422,486 shares. Farmers And Merchants Investments Inc has invested 0.78% of its portfolio in McDonald's Corporation (NYSE:MCD). Mufg Americas Corp accumulated 156,941 shares or 0.76% of the stock. Dynamic Advisor Solutions Ltd Llc has invested 0.27% in McDonald's Corporation (NYSE:MCD). Inspirion Wealth Advsr Limited Liability Co holds 0.26% of its portfolio in McDonald's Corporation (NYSE:MCD) for 3,507 shares. Country Commercial Bank has 804 shares for 0.01% of their portfolio. Estabrook reported 1,923 shares. Buckingham Asset Management Lc holds 0.54% or 21,100 shares in its portfolio. Cullinan Assoc accumulated 39,316 shares. Inverness Counsel Limited Company Ny invested in 0.78% or 87,106 shares. Argent Cap Management Limited Liability Com owns 1,960 shares. Meristem Llp owns 2,198 shares for 0.12% of their portfolio. 523,143 are held by Gateway Advisers Limited Liability Corporation. Obermeyer Wood Investment Counsel Lllp owns 252,377 shares. Conning Inc, a Connecticut-based fund reported 21,543 shares.

Since October 24, 2018, it had 0 insider buys, and 4 sales for $39.40 million activity. Krulewitch Jerome N also sold $562,335 worth of McDonald's Corporation (NYSE:MCD) on Wednesday, October 24. Another trade for 201,123 shares valued at $35.32M was sold by Easterbrook Stephen. The insider DeBiase Francesca A. sold 15,136 shares worth $2.67 million.

McDonald’s Corp (NYSE:MCD) Stock Upgrade

Morgan Stanley has just given McDonald’s Corp (NYSE:MCD) shares an updated Buy rating in a note revealed to clients and investors on 29 November. The financial firm from today has a respectable $210.0000 PT on the stock. The target announced by Morgan Stanley is 11.40 % from MCD’s current share price.

McDonald's Corporation (NYSE:MCD) Ratings Coverage

Among 9 analysts covering McDonald’s (NYSE:MCD), 7 have Buy rating, 0 Sell and 2 Hold. Therefore 78% are positive. McDonald’s has $210 highest and $167 lowest target. $194.86’s average target is 3.37% above currents $188.51 stock price. McDonald’s had 13 analyst reports since June 14, 2018 according to SRatingsIntel. As per Wednesday, October 24, the company rating was maintained by Jefferies. Citigroup maintained McDonald's Corporation (NYSE:MCD) on Tuesday, October 30 with “Neutral” rating. The company was upgraded on Wednesday, October 10 by Guggenheim. The stock of McDonald's Corporation (NYSE:MCD) earned “Overweight” rating by Morgan Stanley on Thursday, November 29. Morgan Stanley maintained the shares of MCD in report on Friday, July 27 with “Equal-Weight” rating. The firm has “Neutral” rating given on Wednesday, October 24 by UBS. Evercore upgraded the stock to “Outperform” rating in Monday, October 15 report. The firm has “Buy” rating given on Wednesday, November 28 by Robert W. Baird. The rating was maintained by Citigroup on Wednesday, August 15 with “Neutral”. KeyBanc Capital Markets maintained McDonald's Corporation (NYSE:MCD) rating on Wednesday, October 24. KeyBanc Capital Markets has “Overweight” rating and $195 target.

The stock increased 0.22% or $0.41 during the last trading session, reaching $188.51. About 6.64M shares traded or 65.09% up from the average. McDonald's Corporation (NYSE:MCD) has risen 5.38% since December 2, 2017 and is uptrending. It has underperformed by 10.24% 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 $145.32 billion. The company's restaurants offer various food products, soft drinks, coffee, and other beverages. It has a 28.64 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: Benzinga.com which released: “‘Positive Implications’: Why McDonald’s Canada’s Performance Is Important For The US Business (NYSE:MCD) – Benzinga” on November 28, 2018, also 247Wallst.com with their article: “Top Analyst Upgrades and Downgrades: Amex, Dick’s, Dominion Energy, Grubhub, Intel, McDonald’s, Microsoft, Nvidia, Total and More – 24/7 Wall St.” published on November 29, 2018, Fool.com published: “Is McDonald’s Forgetting Who Its Customers Are Again? – Motley Fool” on November 20, 2018. More interesting news about McDonald's Corporation (NYSE:MCD) were released by: Schaeffersresearch.com and their article: “Analysts Weigh In Bullishly on BA, MCD Stocks – Schaeffers Research” published on November 29, 2018 as well as Seekingalpha.com‘s news article titled: “Slower pace for McDonald’s U.S. store remodels – Seeking Alpha” with publication date: November 27, 2018.

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

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.