Chipotle Mexican Grill Inc. (NYSE:CMG) has been assigned a consensus rating of “Hold” from the forty research firms that are presently covering the company. Eight investment analysts have rated the stock with a sell recommendation, twenty have assigned a hold recommendation and twelve have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $446.93.

Several research firms have recently issued reports on CMG. Wedbush restated an “underperform” rating and set a $370.00 target price (down from $400.00) on shares of Chipotle Mexican Grill in a research report on Monday, October 17th. Goldman Sachs Group Inc. decreased their price objective on Chipotle Mexican Grill from $490.00 to $445.00 and set a “neutral” rating for the company in a research report on Tuesday, July 19th. Jefferies Group reiterated a “sell” rating on shares of Chipotle Mexican Grill in a research report on Friday, August 5th. Citigroup Inc. boosted their price objective on Chipotle Mexican Grill from $488.00 to $517.00 and gave the company a “buy” rating in a research report on Tuesday, September 13th. Finally, Piper Jaffray Cos. reiterated an “overweight” rating and issued a $590.00 price objective on shares of Chipotle Mexican Grill in a research report on Monday, July 18th.

Chipotle Mexican Grill (NYSE:CMG) opened at 397.08 on Monday. The company has a market cap of $11.50 billion, a price-to-earnings ratio of 160.37 and a beta of 0.60. The stock has a 50 day moving average of $401.11 and a 200-day moving average of $413.76. Chipotle Mexican Grill has a 52-week low of $352.96 and a 52-week high of $614.70.

Chipotle Mexican Grill (NYSE:CMG) last posted its earnings results on Tuesday, October 25th. The company reported $0.27 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $1.59 by $1.32. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $13.71 million. Chipotle Mexican Grill had a return on equity of 5.46% and a net margin of 1.94%. Chipotle Mexican Grill’s quarterly revenue was down 14.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $4.59 earnings per share. On average, analysts forecast that Chipotle Mexican Grill will post $1.58 EPS for the current year.

A number of large investors have recently modified their holdings of CMG. Bronfman E.L. Rothschild L.P. increased its stake in shares of Chipotle Mexican Grill by 0.7% in the third quarter. Bronfman E.L. Rothschild L.P. now owns 444 shares of the company’s stock worth $188,000 after buying an additional 3 shares during the last quarter. Raymond James Trust N.A. increased its stake in shares of Chipotle Mexican Grill by 0.5% in the third quarter. Raymond James Trust N.A. now owns 885 shares of the company’s stock worth $374,000 after buying an additional 4 shares during the last quarter. Tokio Marine Asset Management Co. Ltd. increased its stake in shares of Chipotle Mexican Grill by 0.6% in the second quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,094 shares of the company’s stock worth $441,000 after buying an additional 6 shares during the last quarter. Concannon Wealth Management LLC increased its stake in shares of Chipotle Mexican Grill by 1.1% in the third quarter. Concannon Wealth Management LLC now owns 556 shares of the company’s stock worth $235,000 after buying an additional 6 shares during the last quarter. Finally, Iron Financial LLC increased its stake in shares of Chipotle Mexican Grill by 1.9% in the second quarter. Iron Financial LLC now owns 687 shares of the company’s stock worth $277,000 after buying an additional 13 shares during the last quarter. Institutional investors and hedge funds own 96.68% of the company’s stock.

Chipotle Mexican Grill Company Profile

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.

5 Day Chart for NYSE:CMG

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