McDonald's faces boycott calls in India due to rising US tariffs. Analysts predict an average upside of 10.47% for McDonald's stock, with varied price targets. McDonald's maintains an "Outperform" rating based on brokerage consensus.
Amid rising anti-American sentiment fueled by U.S. tariffs, Indian businesses and supporters of Prime Minister Narendra Modi are calling for boycotts of American brands like McDonald's and Apple. This trend, which is gaining traction among some Indians, is a response to the tariffs imposed by the United States on various goods, including those from India. The boycott movement is gaining momentum, with calls to support local products and shun international brands, particularly those from the U.S. [2]
McDonald's, a prominent U.S.-based multinational, is one of the brands facing these boycott calls. The company has been a significant player in the Indian market, but the recent political and economic climate has led to a shift in consumer sentiment. Despite this, analysts remain optimistic about McDonald's stock performance. According to recent forecasts, McDonald's stock is predicted to see an average upside of 10.47% [1].
Analysts have provided varied price targets for McDonald's stock, reflecting the potential impact of the boycott calls and the broader economic environment. The "Outperform" rating based on brokerage consensus further underscores the positive outlook on the company's stock [1]. This rating suggests that analysts expect McDonald's stock to perform better than the broader market, indicating a bullish view on the company's prospects.
The stock price forecasts for McDonald's are updated daily, providing investors with the latest information on the company's performance. For instance, the stock price forecast for August 2025 shows an average price of $312.45, with a maximum of $347.14 and a minimum of $286.23 [1]. These figures highlight the range of potential stock prices and the volatility that investors can expect in the coming months.
In conclusion, while McDonald's faces boycott calls in India due to rising U.S. tariffs, analysts remain optimistic about the company's stock performance. The "Outperform" rating and the average upside prediction of 10.47% suggest a positive outlook for McDonald's stock. As the situation in India evolves, investors will continue to monitor the company's performance and the broader economic conditions that may impact its stock price.
References:
[1] https://30rates.com/mcd-stock
[2] https://m.economictimes.com/news/international/global-trends/in-india-trumps-tariffs-spark-calls-to-boycott-american-goods/articleshow/123232300.cms
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