Chipotle Mexican Grill, Inc. (NYSE:CMG) target price raised to $431.18, reported today by Vetr Inc.
- Updated: September 15, 2016
Chipotle Mexican Grill, Inc. (NYSE:CMG) had its price target upped to $431 by Vetr Inc. in an issued report announced 9/15/2016. The updated target price implies a possible upside of 0.04% from the bussiness’ most recent closing price.
Previously on 9/13/2016, Citigroup released a statement for Chipotle Mexican Grill, Inc.(NYSE:CMG) raised the target price from $488.00 to $517.00. At the time, this indicated a possible upside of 0.23%.
Just yesterday Chipotle Mexican Grill, Inc. (NYSE:CMG) traded 0.23% lower at $412.87. Chipotle Mexican Grill, Inc.’s 50-day average is $409.67 and its 200-day moving average is $435.48. With the last close down 4.94% from the 200-day moving average, compared to the Standard & Poor’s 500 Index which has fallen -0.01% over the date range. 1,131,809 shares of the stock traded hands, up from ann average volume of 1,110,530.
With a total market value of $0.0, Chipotle Mexican Grill, Inc. has a P/E of 60 with a 52 week low of $384.77 and a 52 week high of $757.00.
In addition to Vetr Inc. reporting it’s target price, a total of 26 firms have issued a report on the company. The one year target is $466.19 with five analysts rating the stock a strong buy, seven firms rating the stock a buy, 18 firms rating the stock a hold, four brokerages rating the stock to underperform, and finally two analystsrating the stock as sell.
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, and 010 restaurants. The Company sells gift cards which do not have an expiration date.
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