Also last August 9, CMG shares also dropped after a jury sided with a woman who filed a discrimination lawsuit and damages against Chipotle. For the next twelve months, the average of individual price target estimates submitted by covering sell-side analysts is $81.90. The firm has a SMA 50 (Simple Moving Average) of $409.61 and a SMA 200-(Simple Moving Average) of $442.12. 0 analysts hold “Sell” rating for the stock. Analysts forecast that Chipotle Mexican Grill will post $3.87 earnings per share for the current year. Stifel Downgraded Chipotle Mexican Grill on Jul 26, 2016 to ” Sell”, Price Target of the shares are set at $215.Shares were Reiterated by Telsey Advisory Group on Jul 22, 2016 to “Market Perform” and Lowered the Price Target to $ 400 from a previous price target of $420.Chipotle Mexican Grill was Upgraded by CLSA to ” Outperform” on Jul 19, 2016. The stock had a trading volume of 7.2 M shares. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The company has market capitalization of $167.10B.
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When taking a look at the long term growth, analysts have a mean estimate on Chipotle Mexican Grill, Inc.
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The recent traded volume of 3.23 million shares lower than its average volume of 4.41 million shares. The reported earnings missed the analyst’s consensus by $-0.06 with the surprise factor of -6.50%. The prevailing figure will allow the investment community to determine the size of Chipotle Mexican Grill, Inc.in contrast to the sales or total assets figures. The stock has received “OVERWEIGHT” rating after consensus analysis from analysts. The company has an Average Rating of 2.33 based on analysts tracked by Thomson Reuters. Buckingham Research began coverage on Chipotle Mexican Grill in a report on Thursday, June 16th. (NYSE:CMG) now has mean rating of 2.8 while 7 analyst have recommended the shares as “BUY”, 5 commented as “OUTPERFORM” and 18 commented as “HOLD”. Today, Chipotle continues to offer a focused menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads made from fresh, high-quality raw ingredients, prepared using classic cooking methods and served in a distinctive atmosphere. The Company operates approximately 1,970 Chipotle restaurants throughout the United States, over 10 in Canada, seven in England, four in France and one in Germany.
