Equity Research firms currently have a positive stance on shares of McDonald’s Corp. (NYSE:MCD). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.40. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $129.09 on a short term basis.
At the time of writing, the stock was trading at $113.50. This represents a change from the opening price of -1.35%. In terms of performance, year to date, the stock is -0.74%. The monthly stock performance comes in at -0.66%. For the quarter, shares are performing at -4.33%. Weekly performance analysis shows the equity at -1.62%.
In taking a look at technical levels, shares are trading -2.57% away from the 50 day simple moving average and -4.94% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -12.68% away from it’s 52- week high and 16.77% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, McDonald’s Corp.’s RSI stands at 37.24. In looking at volatility levels, the shares saw weekly volatility of 1.03% and 1.03% over the past month.