Barclays has revised its price target for McDonald's (MCD, Financial) shares, reducing it slightly from $350 to $347 while maintaining an Overweight rating. This adjustment is part of its preview for the restaurant sector's first-quarter performance.
The firm noted the challenges faced by McDonald's with comparable store sales at the beginning of the first quarter, which were affected by inclement weather. Although there was some recovery observed in March, it was only partial.
Barclays highlighted that the incomplete rebound signals a broader trend of waning consumer spending. While the restaurant industry generally remains buffered from tariff impacts affecting supply chains, the decline in consumer demand could pose a significant challenge moving forward.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 31 analysts, the average target price for McDonald's Corp (MCD, Financial) is $330.85 with a high estimate of $360.00 and a low estimate of $292.00. The average target implies an upside of 7.17% from the current price of $308.72. More detailed estimate data can be found on the McDonald's Corp (MCD) Forecast page.
Based on the consensus recommendation from 39 brokerage firms, McDonald's Corp's (MCD, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for McDonald's Corp (MCD, Financial) in one year is $309.58, suggesting a upside of 0.28% from the current price of $308.72. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the McDonald's Corp (MCD) Summary page.
