Chipotle Mexican Grill (NYSE:CMG) target price lowered to $465.00, reported today by RBC Capital
- Updated: October 18, 2016
RBC Capital reduced the price target of Chipotle Mexican Grill (NYSE:CMG) to $465.00 reporting a potential upside of 0.18%.
Previously on 10/17/2016, Vetr Inc. released a statement about Chipotle Mexican Grill (NYSE:CMG) increased the target price from $0.00 to $415.83. At the time, this indicated a possible upside of 0.05%.
Just yesterday Chipotle Mexican Grill (NYSE:CMG) traded -0.08% lower at $394.35. Chipotle Mexican Grill’s 50-day moving average is $418.15 and its 200-day moving average is $422.73. The last stock price is down -6.79% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 663,797 shares of CMG traded hands, down from an average trading volume of 1,061,880
Recent Performance Chart
Chipotle Mexican Grill has 52 week low of $384.77 and a 52 week high of $720.50 with a price-earnings ratio of 56.77 and has a total market value of $0.
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 (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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