McDonald's (MCD) Getting Somewhat Positive Press Coverage, Report Finds
News coverage about McDonald's (NYSE:MCD) has trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm scores the sentiment of news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. McDonald's earned a daily sentiment score of 0.10 on Accern’s scale. Accern also assigned news stories about the fast-food giant an impact score of 44.8193195663674 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- Franchisee Frustration Could Stifle McDonald’s Corporation Stock (investorplace.com)
- ‘Who cares about lipstick!’: Expectant Chrissy Teigen indulges her pregnancy cravings by gorging on McDonald’s … – Daily Mail (dailymail.co.uk)
- US man films incredible fight among staff in McDonald’s from the drive through – Newshub (newshub.co.nz)
- Protest breaks out against McDonald’s in posh suburb – Metro (metro.co.uk)
- Burglar snared by his DNA after breaking into Blyth McDonald’s to steal £3-worth of food – ChronicleLive (chroniclelive.co.uk)
Several equities analysts have recently commented on the stock. Nomura set a $183.00 price target on shares of McDonald's and gave the company a “buy” rating in a report on Tuesday, October 17th. Goldman Sachs Group set a $200.00 price objective on shares of McDonald's and gave the company a “buy” rating in a research note on Friday, January 19th. Credit Suisse Group reaffirmed an “outperform” rating and issued a $191.00 price objective (up previously from $185.00) on shares of McDonald's in a research note on Tuesday, January 23rd. Telsey Advisory Group reaffirmed an “outperform” rating and issued a $180.00 price objective (up previously from $170.00) on shares of McDonald's in a research note on Monday, October 2nd. Finally, Barclays set a $182.00 price objective on shares of McDonald's and gave the company a “buy” rating in a research note on Wednesday, October 18th. Nine research analysts have rated the stock with a hold rating and twenty-six have given a buy rating to the company. McDonald's has an average rating of “Buy” and a consensus price target of $180.15.
In other news, insider Stephen Easterbrook sold 171,577 shares of the company’s stock in a transaction that occurred on Tuesday, November 21st. The shares were sold at an average price of $168.32, for a total transaction of $28,879,840.64. Following the transaction, the insider now directly owns 49,778 shares in the company, valued at $8,378,632.96. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.24% of the stock is currently owned by corporate insiders.
McDonald's Company Profile
McDonald’s Corporation (McDonald’s) operates and franchises McDonald’s restaurants. The Company’s restaurants serve a locally relevant menu of food and drinks sold at various price points in over 100 countries. The Company’s segments include U.S., International Lead Markets, High Growth Markets, and Foundational Markets and Corporate.
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