McDonald's Stock: Potential 19% Upside

McDonalds stock, MCD, is projected to surge significantly in the coming year, with analysts suggesting a price target of $371.30, a 19.3% increase from its current price. This potential growth is driven by a projected twenty-two percent increase in free cash flow to $9 billion, leading to a market cap of $265 billion. The average price target from thirty-seven analysts is $331.20, while another group of twenty-two analysts has an even higher average target of $352.03. These optimistic projections indicate that McDonalds stock is currently undervalued and poised for substantial growth.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.