McDonald's: Jefferies maintains target on the stock

(CercleFinance.com) - Jefferies maintains its Buy rating on McDonald's shares, with an unchanged target price of $325, the day after the group's investor day.


"We came away feeling incrementally positive on the near- and long-term growth oppty", as the fast-food giant targets 50,000 restaurants by 2027.

Jefferies reports that the chicken platform is now on a par with beef, with $25bn in global sales each, and that the chain plans to expand McCrispy to almost all its markets by the end of 2025.

Analysts consider McDonald's to be one of the best restaurant brands for driving engagement through targeted offers, value and messaging it explains.


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