Zacks Investment Research downgraded Chipotle Mexican Grill, Inc. (NYSE:CMG) to Strong Sell in a statement released earlier today.
- Updated: September 20, 2016
Just yesterday Chipotle Mexican Grill, Inc. (NYSE:CMG) traded -0.58% lower at $402.76. The company’s 50-day moving average is $408.46 and its 200-day moving average is $432.68. The last stock close price is down -7.46% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same period. Trade Volume was up over the average, with 1,490,174 shares of CMG changing hands over the typical 1,110,600
Previously on Thursday September 15, 2016, Vetr Inc. released a statement on Chipotle Mexican Grill, Inc. (NYSE:CMG) raised the target price from $0.00 to $431.18 that indicated a possible upside of 0.04%.
Zacks Investment Research has downgraded Chipotle Mexican Grill, Inc. (NYSE:CMG) to Strong Sell in a report released on 9/20/2016.
Recent Performance Chart
With a total market value of $0, Chipotle Mexican Grill, Inc. has price-earnings ratio of 57.69 with a one year low of $384.77 and a one year high of $757.00 .
A total of 26 analysts have released a research note on Chipotle Mexican Grill, Inc.. Five analysts rating the company a strong buy, seven analysts rating the company a buy, 18 firms rating the stock a hold, 4 firms rating the stock a underperform, and finally 2 firms rating the stock a sell with a consensus target price of $466.19.
Brief Synopsis On 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 2,010 restaurants. The Company sells gift cards which do not have an expiration date.
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