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A statement released earlier today by Cowen about Chipotle Mexican Grill CMG (NYSE:CMG) bumps the target price to $440.00

Cowen bumped up the target of Chipotle Mexican Grill CMG (NYSE:CMG) to $440.00 stating a potential upside of 0.05%.

On 6/27/2017, UBS Securities released a statement for Chipotle Mexican Grill CMG (NYSE:CMG) bumped down the target price from $460.00 to $445.00 that suggested an upside of 0.07%.

Boasting a price of $417.33, Chipotle Mexican Grill CMG (NYSE:CMG) traded -2.10% lower on the day. With the last close down -26.53% from the two hundred day average, compared with the S&P 500 Index which has increased 0.05% over the same time. The company has recorded a 50-day moving average of $360.68 and a 200-day moving average of $423.62. 1,216,339 shares of the stock were exchanged, down from an average trading volume of 1,293,570

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Chipotle Mexican Grill CMG (NYSE:CMG)

Chipotle Mexican Grill CMG has a 52 week low of $311.01 and a 52 week high of $499.00 with a P/E ratio of 66.90 The company’s market cap is currently $0.

In addition to Cowen reporting its target price, a total of 26 firms have reported on the stock. The consensus target price is $466.19 with 5 firms rating the stock a strong buy, 7 firms rating the stock a buy, 18 firms rating the stock a hold, 4 firms rating the stock a underperform, and finally 2 firms rating the stock a sell.

About Chipotle Mexican Grill CMG (NYSE:CMG)

Chipotle Mexican Grill, Inc. (Chipotle), together with its subsidiaries, operates Chipotle Mexican Grill restaurants. The Company's Chipotle Mexican Grill restaurants serve a menu of burritos, tacos, burrito bowls (a burrito without the tortilla) and salads. As of December 31, 2016, the Company managed its operations and restaurants based on 11 regions. As of December 31, 2016, the Company operated 2,198 Chipotle restaurants throughout the United States, as well as 29 international Chipotle restaurants, and it also had 23 restaurants in operation in other non-Chipotle concepts. As of December 31, 2016, 29 of its restaurants were located outside of the United States, with 17 in Canada, six in the United Kingdom, five in France and one in Frankfurt, Germany. The Company sells gift cards, which do not have an expiration date. The Company categorizes its restaurants as end-caps (at the end of a line of retail outlets), in-lines (in a line of retail outlets), free-standing or other.

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