A statement released earlier today by Vetr Inc. about Chipotle Mexican Grill, Inc. (NYSE:CMG) bumps the target price to $415.83
- Updated: October 17, 2016
Boasting a price of $397.54, Chipotle Mexican Grill, Inc. (NYSE:CMG) traded -1.53% lower on the day. With the last stock price close down -6.11% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Chipotle Mexican Grill, Inc. has recorded a 50-day average of $418.85 and a two hundred day average of $423.85. Volume of trade was down over the average, with 297,290 shares of CMG changing hands under the typical 1,067,250
Vetr Inc. bumped up the target of Chipotle Mexican Grill, Inc. (NYSE:CMG) to $415.83 stating a potential upside of 0.05%.
On 10/12/2016, Maxim Group released a statement for Chipotle Mexican Grill, Inc. (NYSE:CMG) bumped up the target price from $300.00 to $325.00 that suggested a downside of -0.23%.
With a total market value of $0, Chipotle Mexican Grill, Inc. has price-earnings ratio of 57.33 with a one year low of $384.77 and a one year high of $725.17 .
A total of 26 equity analysts have released a ratings update on CMG. Five equity analysts rating the company a strong buy, seven equity analysts rating the company a buy, eighteen equity analysts rating the company a hold, four equity analysts rating the company a underperform, and finally two equity analysts rating the company a sell with a one year target of $466.19.
Brief Synopsis About Chipotle Mexican Grill, Inc. (NYSE:CMG)
Chipotle Mexican Grill, Inc., 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. 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. The Company's restaurants include over 10 ShopHouse Southeast Asian Kitchen restaurants, serving Asian-inspired cuisine. The Company owned and operated approximately three Pizzeria Locale restaurants, a fast casual pizza concept, resulting in a totaling of approximately 2,010 restaurants. The Company sells gift cards which do not have an expiration date.
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