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Barchart
Barchart
Sohini Mondal

Are Wall Street Analysts Predicting McDonald’s Will Climb or Sink?

Valued at a market cap of $223 billion, McDonald's Corporation (MCD) owns, operates, and franchises restaurants under the McDonald's brand worldwide. Headquartered in Chicago, Illinois, the company offers food and beverages, including hamburgers and cheeseburgers, chicken sandwiches, fries, shakes, desserts, sundaes, cookies, pies, soft drinks, coffee, and other beverages.

Shares of the global foodservice retailer have outperformed the broader market over the past 52 weeks. MCD has returned 13.4% over this time frame, while the broader S&P 500 Index ($SPX) has gained 11.9%. Moreover, shares of MCD are up 7.6% on a YTD basis, compared to SPX’s marginal decline.

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