Breaking Finance News

Chipotle Mexican Grill (NYSE:CMG) has been downgraded from Mkt Perform to Underperform in a report by Raymond James today.

Raymond James has downgraded Chipotle Mexican Grill (NYSE:CMG) from Mkt Perform to Underperform in a report released on Tuesday October 18, 2016.

Previously on 10/17/2016, Vetr Inc. reported on Chipotle Mexican Grill (NYSE:CMG) upped the target price from $0.00 to $415.83. At the time, this indicated a possible upside of 0.05%.

Boasting a price of $394.35, Chipotle Mexican Grill (NYSE:CMG) traded -0.08% lower on the day. With the last stock price close down -6.79% 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 has recorded a 50-day average of $418.15 and a two hundred day average of $422.73. 663,797 shares of the stock were exchanged, down from an average trading volume of 1,061,880

See Chart Below

Chipotle Mexican Grill (NYSE:CMG)

Chipotle Mexican Grill has 52 week low of $384.77 and a 52 week high of $720.50 with a PE ratio of 56.77 and has a market capitalization of $0.

In addition to Raymond James 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 5 brokers rating the stock a strong buy, 7 analysts rating the company a buy, eighteen analysts rating the company a hold, four analysts rating the company a underperform, and lastly two analysts rating the company a sell.

More About Chipotle Mexican Grill (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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with's FREE daily email newsletter.

Leave a Reply

Your email address will not be published. Required fields are marked *