Erste Group Downgrades McDonald's (MCD) to Hold, 'The potential for further price increases is limited due to the low sales growth momentum this year'

Erste Group analyst Hans Engel downgraded McDonald's (NYSE: MCD) from Buy to Hold.

The analyst comments "McDonalds has a very high and stable operating margin, which is far well above that of its competitors. However, sales will only grow very slowly in 2025. A higher growth rate is only realistic in the coming year. The stock has a P/E ratio that is slightly above the sector average. The potential for further price increases is limited due to the low sales growth momentum this year."

For an analyst ratings summary and ratings history on McDonald's click here. For more ratings news on McDonald's click here.

Shares of McDonald's closed at $314.31 yesterday.

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