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Chipotle Mexican Grill, Inc. (NYSE:CMG) price target upped to $524.98, issued a ratings update earlier today by Vetr Inc.

Reporting a potential upside of 0.23%, Vetr Inc. bumped up the target of Chipotle Mexican Grill, Inc. (NYSE:CMG) to $524.98

Boasting a price of $425.60, Chipotle Mexican Grill, Inc. (NYSE:CMG) traded 0.80% higher on the day. With the last stock price close up -23.46% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Chipotle Mexican Grill, Inc. has recorded a 50-day average of $320.64 and a two hundred day average of $409.05. Volume of trade was down over the average, with 1,377,786 shares of CMG changing hands under the typical 1,505,700

Performance Chart

Chipotle Mexican Grill, Inc. (NYSE:CMG)

With a total market value of $0, Chipotle Mexican Grill, Inc. has price-earnings ratio of 67.30 with a one year low of $296.00 and a one year high of $499.00 .

In addition to Vetr Inc. reporting its stock price target, a total of 26 brokers have issued a research note on the company. The average stock price target is $466.19 with five analysts rating the company a strong buy, seven brokerages rating the stock a buy, 18 brokerages rating the stock a hold, four equity analysts rating the company a underperform, and lastly two brokers rating the stock a sell.

General Information About Chipotle Mexican Grill, Inc. (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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