Analyst Rating Update on Chipotle Mexican Grill (CMG)

Chipotle Mexican Grill (CMG) has an average broker rating of 2.8, which is interpreted as a Hold, as rated by 25 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 12 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 4 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.

Chipotle Mexican Grill (CMG) : The highest short term price target forecast on Chipotle Mexican Grill (CMG) is $590 and the lowest target price is $215. A total of 18 equity analysts are currently covering the company. The average price of all the analysts is $425.94 with a standard deviation of $93.93.

Company shares have received an average consensus rating of Hold for the current week


Chipotle Mexican Grill (NYSE:CMG): The stock opened at $402.00 on Wednesday but the bulls could not build on the opening and the stock topped out at $407.64 for the day. The stock traded down to $400.00 during the day, due to lack of any buying support eventually closed down at $402.56 with a loss of -0.02% for the day. The stock had closed at $402.64 on the previous day. The total traded volume was 785,903 shares.

Chipotle Mexican Grill, Inc. (Chipotle) develops and operates Chipotle Mexican Grill restaurants, which serve a focused menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. The Company operates 1,755 restaurants in the United States, seven in Canada, six in England, three in France, and one in Germany. The Companys restaurants also include nine ShopHouse Southeast Asian Kitchen restaurants. The Company owns and operates two Pizzeria Locale restaurants, a fast casual pizza concept. It also provides a variety of extras, such as guacamole, salsas and tortilla chips seasoned with fresh lime juice and kosher salt. Its restaurants also offer sodas, fruit drinks, organic milk, beer and margaritas. The average restaurant size is about 2,550 square feet and seats about 58 people. The Companys restaurants also feature outdoor patio space. The Companys restaurants accept orders by fax, online or through an iPhone or Android ordering application.

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