Why McDonald's Corp. Shareholders Have Nothing to Worry About
McDonald's (NYSE: MCD) has been an up-and-down proposition for shareholders for the past few years.
The company was surpassed for a time by fast-casual restaurants that offered higher-end food, at reasonable (but not cheap) prices. McDonald's also hurt franchise-owner margins through its Dollar Menu and other discount plans.
For a long time, the chain seemed to not know how to react. It responded to the fast-casual craze by offering healthier foods its core patrons didn't want. It also cut back on discounts. But it generally lacked a cohesive, long-term turnaround strategy. Even successful plans such as all-day breakfast proved to only be partial solutions, and efforts to sell more coffee and beverages have not yet made a major difference.
Source: Fool.com
McDonalds Corp. Stock
The stock is one of the favorites of our community with 59 Buy predictions and 1 Sell predictions.
As a result the target price of 293 € shows a positive potential of 26.18% compared to the current price of 232.2 € for McDonalds Corp..
