The analyst opinion regarding Chipotle Mexican Grill is 5 Buy, 7 Outperform, 19 Hold, 1 Underperform and 5 Sell. On Jul 22, 2016, Goldman Sachs said it Maintains its rating on Chipotle Mexican Grill.
Advertisement
09/07/2016 – Chipotle Mexican Grill, Inc. had its “sell” rating reiterated by analysts at Stifel Nicolaus.
Chipotle executives credited Slater with growing the Costa Coffee chain to 2,200 units, with more than $1 billion in sales, larger in the United Kingdom than Starbucks, Nero, Pret A Manger and Eat combined. According to Forbes, “Wall Street analysts expect Chipotle to report a 9% drop in revenue for the third quarter, though encouragingly, a rebound is expected in the final three months of the year”. BlackRock Fund Advisors increased its stake in Chipotle Mexican Grill by 1.7% in the first quarter.
The share price of Chipotle Mexican Grill, Inc. 1490731 shares were traded on Chipotle Mexican Grill, Inc.’s last session. The firm has a 50 day moving average price of $408.07 and a 200-day moving average price of $431.75. The stock’s market capitalization is 11.66B. Chipotle Mexican Grill has a 12 month low of $384.77 and a 12 month high of $757.00.
Chipotle Mexican Grill Inc., facing slow sales and a tarnished image in its home country, is looking to make a bigger push in Europe. The Company’s Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads.
Advertisement
“Chipotle’s commitment to better food from ingredients raised and grown with respect for animals, farmers and the environment is consistent with how many Europeans eat and the brand is one that really resonates with customers here”, Slater said. The Company’s restaurants include over 10 ShopHouse Southeast Asian Kitchen restaurants, serving Asian-inspired cuisine. The Company owns and operates two Pizzeria Locale restaurants a fast casual pizza concept. News & Ratings Via Email – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Chipotle Mexican Grill, Inc. with MarketBeat.com’s FREE daily email newsletter.
