Mcdonald's: BMO Raises PT to $360, Maintains Outperform Rating

Mcdonald's: BMO Raises PT to $360, Maintains Outperform Rating

McDonald's Corp. (MCD) has seen a positive uptick in its stock price, trading near the top of its 52-week range and above its 200-day simple moving average. The stock has risen by $0.63 since the market last closed, marking a 0.20% increase, and is currently trading at $316.39. Pre-market trading has seen the stock rise an additional $0.35 [1].

BMO Financial Group recently raised its price target for McDonald's shares to $360, maintaining its "outperform" rating. This move reflects a bullish outlook on the fast-food giant, which operates through segments such as U.S., International Operated Markets, and International Developmental Licensed Markets and Corporate. The company's products include iconic items like the Big Mac, Quarter Pounder with Cheese, and Chicken McNuggets [1].

McDonald's has reported a stable financial performance, with total revenue and net income remaining flat year-over-year but showing significant quarterly growth. The company's earnings per share (EPS) have increased by 20.71% since the last quarter [1].

Institutional investors have also shown interest in McDonald's shares. The Manufacturers Life Insurance Company recently reduced its holdings by 11.1%, owning approximately 0.84% of the bank, worth about $583.8 million. Meanwhile, other institutional investors like North Star Asset Management Inc., Oppenheimer & Co. Inc., and Wealth Alliance LLC have increased their holdings in Bank Of Montreal [2].

Overall, McDonald's continues to perform well, supported by strong financials and a positive analyst outlook. The stock's recent price momentum and BMO's positive rating suggest that investors may find value in holding McDonald's shares.

References:
[1] https://www.cnn.com/markets/stocks/MCD
[2] https://www.marketbeat.com/instant-alerts/filing-bank-of-montreal-bmo-shares-sold-by-the-manufacturers-life-insurance-company-2025-08-29/