Is This Where McDonald's Finally Snaps Its Losing Streak?
After four straight years of declining restaurant traffic, McDonald's (NYSE: MCD) looks as if it's finally about to snap the losing streak.
The fast-food chain reported third-quarter earnings that not only saw sales and profits beat analyst expectations, but also, more importantly on many levels, revealed a higher number of guest counts.
Image source: McDonald's.
Source: Fool.com
McDonalds Corp. Stock
€264.20
-0.040%
The stock is an absolute favorite of our community with 71 Buy predictions and no Sell predictions.
As a result the target price of 289 € shows a slightly positive potential of 9.39% compared to the current price of 264.2 € for McDonalds Corp..
