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Starbucks faces intense competition in China, where local chains like Luckin Coffee and Cotti Coffee are rapidly expanding and undercutting prices. Despite a 14% drop in same-store sales, Starbucks remains a popular social hub, known for its inviting atmosphere and consistent quality, even as it navigates a challenging market landscape.
McDonald's Corporation, the world's largest fast food chain, operates a diverse portfolio of restaurants. As of the end of 2023, 60.5% of net sales come from franchised and affiliated locations, with 39,680 franchises (including 8,220 affiliates), while company-operated restaurants account for 38.2% with 2,142 locations. Notably, 58.5% of net sales are generated from international markets.
UBS has maintained a "Buy" rating for McDonald's, setting a price target of $345. Analyst Dennis Geiger highlighted a focus on the company's return to sustainable business momentum in his recent commentary on the available figures.
UBS has issued a Buy rating for McDonald's Corporation, the largest fast food chain globally. As of the end of 2023, the company operates 39,680 franchises (60.5% of net sales), 2,142 company-operated restaurants (38.2%), and generates 58.5% of its net sales from international markets.
UBS has rated McDonald's as a "Buy" with a target price of $345 following the release of its quarterly figures. Analyst Dennis Geiger noted that the fast-food chain's performance was mixed in his initial reaction.
UBS has rated McDonald's as a "Buy" with a target price of $345 following the release of its quarterly figures. Analyst Dennis Geiger noted that the fast-food chain's performance was mixed in his initial reaction.
UBS has maintained a "Buy" rating on McDonald's, setting a price target of 345 USD following the release of quarterly figures. Analyst Dennis Geiger noted a mixed performance from the fast-food giant in his initial assessment.
UBS has upgraded McDonald's to a 'Buy' rating with a target price of $345. As of October 29, the stock was trading at $295.46, reflecting a slight decline of 0.45%. The annual high for McDonald's shares stands at $317.33, while the annual low is $243.58.
UBS has maintained a "Buy" rating on McDonald's, setting a price target of $345 following the release of quarterly figures. Analyst Dennis Geiger noted that the fast-food chain's performance was mixed in his initial assessment.
McDonald’s Corp. reported a 1.5% decline in sales at restaurants open at least 13 months, falling short of Wall Street expectations, primarily due to weakness in international markets like France, China, the UK, and the Middle East. The US market showed slight growth of 0.3%. The company is addressing traffic declines through global value initiatives and limited-time promotions, while its stock rose 1.7% in early trading.
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12:29 01.11.2024
McDonald's maintains buy rating as global fast food leader expands franchises
07:45 30.10.2024
ubs maintains buy rating for mcdonalds with price target of 345 dollars
06:57 30.10.2024
McDonald's receives buy rating as global sales continue to grow
17:44 29.10.2024
ubs rates mcdonalds a buy with target price of 345 dollars
17:44 29.10.2024
ubs rates mcdonalds a buy with target price of 345 dollars
17:44 29.10.2024
ubs maintains buy rating on mcdonalds with price target of 345 dollars
16:57 29.10.2024
ubs upgrades mcdonalds to buy with target price of 345 dollars
16:57 29.10.2024
ubs maintains buy rating for mcdonalds with price target of 345 dollars
16:57 29.10.2024
McDonald's sales decline amid international market challenges and inflation pressures
15:24 29.10.2024
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