Chipotle Mexican Grill (NYSE:CMG – Free Report) had its target price increased by Mizuho from $36.00 to $38.00 in a research note issued to investors on Friday morning,Benzinga reports. They currently have a neutral rating on the restaurant operator’s stock.
A number of other brokerages have also recently commented on CMG. The Goldman Sachs Group reiterated a “buy” rating on shares of Chipotle Mexican Grill in a research note on Thursday, December 18th. Jefferies Financial Group dropped their target price on Chipotle Mexican Grill from $48.00 to $44.00 and set a “hold” rating for the company in a research report on Monday, October 13th. JPMorgan Chase & Co. cut their price target on Chipotle Mexican Grill from $44.00 to $40.00 and set a “neutral” rating on the stock in a research note on Thursday, October 30th. UBS Group set a $45.00 price objective on Chipotle Mexican Grill in a research note on Friday, October 31st. Finally, Cowen reiterated a “buy” rating on shares of Chipotle Mexican Grill in a report on Monday. Two research analysts have rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and thirteen have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Chipotle Mexican Grill has a consensus rating of “Moderate Buy” and an average target price of $50.00.
Check Out Our Latest Stock Analysis on CMG
Chipotle Mexican Grill Trading Up 2.3%
Chipotle Mexican Grill (NYSE:CMG – Get Free Report) last released its quarterly earnings data on Wednesday, October 29th. The restaurant operator reported $0.29 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.29. Chipotle Mexican Grill had a net margin of 13.04% and a return on equity of 45.39%. The business had revenue of $3 billion during the quarter, compared to analysts’ expectations of $3.06 billion. During the same period in the prior year, the company earned $0.27 EPS. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. On average, equities analysts forecast that Chipotle Mexican Grill will post 1.29 EPS for the current year.
Institutional Trading of Chipotle Mexican Grill
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Operose Advisors LLC acquired a new position in shares of Chipotle Mexican Grill in the 2nd quarter worth approximately $25,000. Financial Life Planners bought a new position in Chipotle Mexican Grill during the third quarter worth $25,000. Wealth Watch Advisors INC bought a new position in Chipotle Mexican Grill during the third quarter worth $25,000. Salomon & Ludwin LLC acquired a new position in Chipotle Mexican Grill in the third quarter valued at $26,000. Finally, 1248 Management LLC bought a new stake in Chipotle Mexican Grill during the first quarter valued at $27,000. Institutional investors and hedge funds own 91.30% of the company’s stock.
Key Chipotle Mexican Grill News
Here are the key news stories impacting Chipotle Mexican Grill this week:
- Positive Sentiment: Telsey Advisory Group initiated coverage with an Outperform rating and a $50 price target — a fresh analyst endorsement that signals confidence in Chipotle’s growth story and likely helped buying interest. Telsey Initiation
- Positive Sentiment: Truist raised its price target to $50 and kept a Buy view, another firm pushing upside expectations that supports the rally. Truist PT Raise
- Positive Sentiment: Analysts are highlighting Chipotle’s strong earnings‑surprise history and the company’s setup to beat again, which bolsters confidence ahead of future reports. Zacks Earnings Beat Thesis
- Positive Sentiment: Product strategy: Chipotle’s push of higher‑protein menu options aimed at GLP‑1 users is being viewed by analysts as a demand catalyst and potential market share win among health‑focused consumers. Benzinga High‑Protein Push
- Positive Sentiment: Barclays and other brokers are publicly forecasting upside, adding to the positive analyst tone supporting the stock. Barclays Note
- Neutral Sentiment: Bernstein reiterated an Outperform rating but cut its price target to $40 — a mixed signal that keeps medium‑term conviction but reduces near‑term upside. Bernstein Note
- Neutral Sentiment: Mizuho nudged its target to $38 with a Neutral rating, reflecting more cautious positioning by some sell‑side desks amid recent gains. Mizuho Note
- Negative Sentiment: Valuation and momentum concerns: several pieces question whether the recent rebound has stretched pricing relative to fundamentals (P/E near decade lows versus past but still elevated vs. peers) — this commentary can cap upside and prompt profit‑taking. Yahoo: Pricing Stretched?
- Negative Sentiment: Macro/consumer risk: opinion pieces label Chipotle as a possible “value trap” if same‑store sales weakness persists; new federal nutrition guidelines also introduce uncertainty about dining‑out behavior. Fool: Value Trap Analysis CNBC: Nutrition Guidelines
Chipotle Mexican Grill Company Profile
Chipotle Mexican Grill is a fast-casual restaurant company known for its Mexican-inspired menu of burritos, bowls, tacos and salads. Founded in 1993 by Steve Ells, the chain emphasizes fresh, customizable meals made from a limited menu of core ingredients and a focus on ingredient quality. Chipotle operates primarily company-owned restaurants and offers dine-in, takeout, catering and delivery through its own digital platforms and third-party partners.
The company is headquartered in Newport Beach, California, and traces its roots to Denver, Colorado.
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