Maxim Group disclosed Chipotle Mexican Grill (NYSE:CMG), boosting its price target to $325.00 earlier today
- Updated: October 11, 2016
Having a price of $423.02, Chipotle Mexican Grill (NYSE:CMG) traded 0.00% even on the day. With the last close down -0.35% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Chipotle Mexican Grill has recorded a 50-day average of $418.32 and a two hundred day average of $424.50. Volume of trade was down over the average, with 39 shares of CMG changing hands under the typical 1,078,210
Reporting a potential downside of -0.23%, Maxim Group upped the price target of Chipotle Mexican Grill (NYSE:CMG) to $325.00
On Monday September 26, 2016, Vetr Inc. released a statement about Chipotle Mexican Grill (NYSE:CMG) upped the target price from $0.00 to $416.52 that suggested an upside of 0.01%.
With a total market value of $0, Chipotle Mexican Grill has price-earnings ratio of 60.95 with a one year low of $384.77 and a one year high of $742.40 .
A total of 26 analysts have released a report on Chipotle Mexican Grill. Five analysts rating the company a strong buy, seven analysts rating the company a buy, eighteen analysts rating the company a hold, four analysts rating the company a underperform, and finally two analysts rating the company a sell with a 12-month price target of $466.19.
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.
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