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MCD

McDonald's

$211.44

0.16 (0.08%)

, QSR

Restaurant Brands

$69.88

-0.38 (-0.54%)

12:01
07/08/19
07/08
12:01
07/08/19
12:01

U.K. petition calls for McDonald's to drop plastic toys, WSJ reports

A U.K. petition calling for McDonald's (MCD) to get rid of the plastic toys found in Happy Meals has gathered over 325,000 signatures, and the nation's environment minister is pressing the case, the Wall Street Journal's Saabira Chaudhuri reports. The increasing scrutiny demonstrates how concerns over the environmental impact of plastic are broadening from single-use products, such as straws and coffee cups, to items many view as unnecessary, Chaudhuri notes. "You open a plastic bag to get another plastic item, which is played with for five minutes and then probably goes in the bin," said Rachael Wood, whose daughters Ella and Caitlin, ages 10 and 7, started the petition last year, according to the Journal. The petition also targets Burger King (QSR) over the same issue, the author notes. Reference Link

MCD

McDonald's

$211.44

0.16 (0.08%)

QSR

Restaurant Brands

$69.88

-0.38 (-0.54%)

  • 26

    Jul

MCD McDonald's
$211.44

0.16 (0.08%)

07/03/19
STFL
07/03/19
NO CHANGE
Target $86
STFL
Hold
Investors see McDonald's outperforming, Starbucks underperforming, says Stifel
Stifel analyst Chris O'Cull said his recent survey to measure investors' sentiment toward restaurant stocks revealed that McDonald's (MCD) and Yum! Brands (YUM) as the only large-cap restaurant stocks voted to outperform heading into earnings season, while most investors pointed to Starbucks (SBUX) as most likely among the large-caps to underperform in the near term despite the fact that investors surveyed expect the company to beat Q3 EPS expectations. O'Cull, who raised his Americas same-store sales growth forecast for Q3 to 5.0% from 4.0% and raised his FY19 and FY20 EPS estimates for Starbucks, increased his price target on the stock to $86 from $65, though he keeps a Hold rating on the shares. He also has Hold ratings on McDonald's and Yum! shares.
06/28/19
JEFF
06/28/19
NO CHANGE
Target $230
JEFF
Buy
McDonald's price target raised to $230 from $225 at Jefferies
Jefferies analyst Andy Barish raised his price target for McDonald's to $230 from $225 saying he believes the company's t check growth "remains robust" in the U.S. The analyst believes fresh beef Quarter Pounders, bundling promotions, delivery, and kiosks are all aiding McDonald's check growth. Barish increased his same-store-sales estimates to 4.5% from 3.0% for the remainder of 2019 and keeps a Buy rating on McDonald's.
06/25/19
06/25/19
INITIATION

Fly Intel: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Rockwell Medical (RMTI) initiated with an Overweight at Cantor Fitzgerald. 2. Hamilton Lane (HLNE) initiated with a Perform at Oppenheimer. 3. Pyxus (PYX) initiated with an Outperform at Imperial Capital. 4. SpartanNash (SPTN) initiated with a Buy at Loop Capital. 5. Shake Shack (SHAK), Chipotle (CMG) and McDonald's (MCD) initiated with an Outperform at Credit Suisse. Yum! Brands (YUM) initiated with a Neutral and Jack in the Box (JACK) initiated with an Underperform. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.
06/25/19
FBCO
06/25/19
INITIATION
Target $230
FBCO
Outperform
Credit Suisse bullish on McDonald's, initiates with an Outperform
As previously reported, Credit Suisse analyst Lauren Silberman initiated McDonald's with an Outperform and $230 price target. The analyst notes that recent asset and technology investments support a more modernized McDonald's, and believes the company is effectively expanding its competitive moat relative to peers. Same-store sales represent the "greatest source of upside to shares," with McDonald's slate of on-trend sales initiatives supporting outperformance, she contends, adding that healthy same-store sales, defensive characteristics and transition to about 95% franchised support the current premium valuation.
QSR Restaurant Brands
$69.88

-0.38 (-0.54%)

06/25/19
06/25/19
INITIATION
Target $78

Outperform
Credit Suisse bullish on Restaurant Brands, initiates with an Outperform
As previously reported, Credit Suisse analyst Lauren Silberman initiated Restaurant Brands with an Outperform and $78 price target. The analyst believes Restaurant Brands is well positioned to generate global market share gains across its portfolio with contribution from same-store sales and unit growth. Increased confidence in accelerating same-store sales and sustainable global unit growth across the portfolio should support multiple expansion near the high-end of heavily franchised peers, she contends.
06/25/19
FBCO
06/25/19
INITIATION
Target $78
FBCO
Outperform
Restaurant Brands initiated with an Outperform at Credit Suisse
Credit Suisse analyst Jerome Vinerier initiated Restaurant Brands with an Outperform and $78 price target.
06/11/19
EVER
06/11/19
INITIATION
EVER
Outperform
Restaurant Brands initiated with an Outperform at Evercore ISI
Evercore ISI analyst David Palmer started Restaurant Brands with an Outperform rating.
05/30/19
CLVD
05/30/19
NO CHANGE
CLVD
Neutral
Restaurant Brands comps underperforming in Q2, says Cleveland Research
Cleveland Research analyst Steven Gojak said his checks indicate that Tim Hortons Canada comps appear to have slowed in May from the prior month and look to be running below consensus. Burger King U.S. comps also appear to be tracking below consensus according to his checks, Gojak said in a note to investors.

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GCAP

Gain Capital

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WFC

Wells Fargo

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WFC

Wells Fargo

$46.88

0.18 (0.39%)

10:26
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KMX

CarMax

$84.47

-4.31 (-4.85%)

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EGHT

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MSFT

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AMZN

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UBER

Uber

$44.49

-0.02 (-0.04%)

, LYFT

Lyft

$64.80

(0.00%)

10:22
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Periodicals
Court says NYC can ban ads inside Uber, Lyft vehicles, Reuters reports »

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UBER

Uber

$44.49

-0.02 (-0.04%)

LYFT

Lyft

$64.80

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FCAU

Fiat Chrysler

$13.61

-0.565 (-3.99%)

, WORK

Slack Technologies

$34.75

-0.03 (-0.09%)

10:20
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FCAU

Fiat Chrysler

$13.61

-0.565 (-3.99%)

WORK

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$34.75

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BTE

Baytex Energy

$1.47

0.03 (2.08%)

TOWN

TowneBank

$26.85

(0.00%)

VET

Vermilion Energy

$21.76

-0.2 (-0.91%)

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HD

Home Depot

$218.16

-0.55 (-0.25%)

, SON

Sonoco

$64.48

-0.005 (-0.01%)

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HD

Home Depot

$218.16

-0.55 (-0.25%)

SON

Sonoco

$64.48

-0.005 (-0.01%)

PH

Parker-Hannifin

$172.01

4.33 (2.58%)

FDS

FactSet

$281.22

-13.02 (-4.43%)

KMT

Kennametal

$35.09

0.295 (0.85%)

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LH

LabCorp

$174.70

0.155 (0.09%)

, TKR

Timken

$48.61

0.92 (1.93%)

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LH

LabCorp

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0.155 (0.09%)

TKR

Timken

$48.61

0.92 (1.93%)

FCX

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$11.23

0.09 (0.81%)

WPM

Wheaton Precious Metals

$24.45

0.27 (1.12%)

OMF

OneMain Holdings

$35.07

1.135 (3.34%)

NOK

Nokia

$5.15

0.045 (0.88%)

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RTN

Raytheon

$178.96

0.88 (0.49%)

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  • 25

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$NSD

NASDAQ Market Internals

$0.00

(0.00%)

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$NYE

NYSE Market Internals

$0.00

(0.00%)

10:16
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LB

L Brands

$26.70

(0.00%)

10:15
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Periodicals
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  • 22

    Aug

IQ

iQIYI

$18.97

-0.52 (-2.67%)

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Options
iQiyi put volume heavy and directionally bearish »

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EVLO

Evelo Biosciences

$7.66

(0.00%)

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  • 09

    Sep

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EVLO

Evelo Biosciences

$7.66

(0.00%)

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  • 09

    Sep

SPAR

Spartan Motors

$11.40

1.49 (15.04%)

, AMZN

Amazon.com

$2,023.41

2.41 (0.12%)

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AMZN

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$2,023.41

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DISCA

Discovery

$32.33

-0.04 (-0.12%)

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Options
Discovery call volume above normal and directionally bullish »

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  • 06

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LAD

Lithia Motors

$118.88

-0.55 (-0.46%)

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ALLK

Allakos

$35.10

-0.89 (-2.47%)

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10:02
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Housing Market Index data reported »

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