Chipotle Mexican Grill (NYSE:CMG) had its target price hoisted by Stifel Nicolaus from $325.00 to $450.00 in a research note issued to investors on Friday, July 27th. Stifel Nicolaus currently has a hold rating on the restaurant operator’s stock.
CMG has been the subject of a number of other reports. Zacks Investment Research upgraded Chipotle Mexican Grill from a hold rating to a buy rating and set a $512.00 target price for the company in a report on Monday, July 16th. Royal Bank of Canada lifted their target price on Chipotle Mexican Grill to $340.00 and gave the company a market perform rating in a report on Tuesday, April 17th. Piper Jaffray Companies raised their price target on Chipotle Mexican Grill from $420.00 to $530.00 and gave the company an overweight rating in a research note on Monday, May 14th. SunTrust Banks raised their price target on Chipotle Mexican Grill to $410.00 and gave the company a buy rating in a research note on Thursday, April 26th. Finally, Bank of America raised their price target on Chipotle Mexican Grill from $310.00 to $350.00 and gave the company an underperform rating in a research note on Tuesday, June 26th. Six research analysts have rated the stock with a sell rating, twenty-one have issued a hold rating and nine have given a buy rating to the stock. Chipotle Mexican Grill currently has an average rating of Hold and an average target price of $399.28.
Chipotle Mexican Grill traded down $2.21, reaching $485.47, during midday trading on Friday, MarketBeat.com reports. The company had a trading volume of 597,932 shares, compared to its average volume of 939,136. The firm has a market cap of $13.56 billion, a PE ratio of 63.58, a price-to-earnings-growth ratio of 3.27 and a beta of 0.41. Chipotle Mexican Grill has a 12-month low of $247.51 and a 12-month high of $493.00.
Chipotle Mexican Grill Company Profile
Chipotle Mexican Grill, Inc, together with its subsidiaries, operates Chipotle Mexican Grill restaurants. As of December 31, 2017, it operated 2,363 Chipotle restaurants throughout the United States, as well as 37 international Chipotle restaurants; and 8 non-Chipotle restaurants. The company was founded in 1993 and is based in Denver, Colorado.
Recommended Story: Stock Symbols, CUSIP and Other Stock Identifiers
Receive News & Ratings for Chipotle Mexican Grill Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Chipotle Mexican Grill and related companies with MarketBeat.com's FREE daily email newsletter.