Chipotle Mexican Grill (NYSE:CMG) “Neutral” Rating Reiterated Today By Credit Suisse; The TP Given is $290

February 21, 2018 - By Maria Brooks

 Chipotle Mexican Grill (NYSE:CMG)

Investors sentiment decreased to 0.69 in Q3 2017. Its down 0.40, from 1.09 in 2017Q2. It dropped, as 95 investors sold Chipotle Mexican Grill, Inc. shares while 157 reduced holdings. 43 funds opened positions while 132 raised stakes. 24.58 million shares or 1.73% less from 25.02 million shares in 2017Q2 were reported.

Israel-based Sphera Funds Mngmt Limited has invested 0.02% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Atlantic Trust Grp Inc Ltd Liability Co holds 0% in Chipotle Mexican Grill, Inc. (NYSE:CMG) or 1,877 shares. Burt Wealth Advisors invested in 0% or 7 shares. Capital Advisors Ltd Llc stated it has 10 shares or 0% of all its holdings. Veritable Ltd Partnership reported 793 shares. Public Sector Pension Invest Board holds 0% or 2,868 shares in its portfolio. Credit Agricole S A has invested 0.01% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Numeric Invsts Lc has 0.22% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 93,110 shares. D Scott Neal stated it has 100 shares. Dimensional Fund Lp holds 0.01% or 60,014 shares. National Asset Mngmt Inc reported 0.05% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Cutter & Communications Brokerage has invested 0.09% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Rmb Capital Mgmt Ltd Co has invested 0.1% in Chipotle Mexican Grill, Inc. (NYSE:CMG). World Asset Mgmt Inc has invested 0.03% of its portfolio in Chipotle Mexican Grill, Inc. (NYSE:CMG). Tower Capital Limited Liability Corp (Trc) accumulated 0% or 133 shares.

Since February 15, 2018, it had 1 insider purchase, and 0 insider sales for $145,440 activity.

Chipotle Mexican Grill (NYSE:CMG) Rating Reaffirmed

Chipotle Mexican Grill (NYSE:CMG) just had their share rating of a ‘”Neutral”‘ issued by research analysts at Credit Suisse, who now has a $290 target on the $9.01B market cap company or a -10.06 % downside potential. This key information was revealed to clients and investors in a research report on 20 February.

Investors sentiment decreased to 0.69 in Q3 2017. Its down 0.40, from 1.09 in 2017Q2. It dropped, as 95 investors sold Chipotle Mexican Grill, Inc. shares while 157 reduced holdings. 43 funds opened positions while 132 raised stakes. 24.58 million shares or 1.73% less from 25.02 million shares in 2017Q2 were reported.

Israel-based Sphera Funds Mngmt Limited has invested 0.02% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Atlantic Trust Grp Inc Ltd Liability Co holds 0% in Chipotle Mexican Grill, Inc. (NYSE:CMG) or 1,877 shares. Burt Wealth Advisors invested in 0% or 7 shares. Capital Advisors Ltd Llc stated it has 10 shares or 0% of all its holdings. Veritable Ltd Partnership reported 793 shares. Public Sector Pension Invest Board holds 0% or 2,868 shares in its portfolio. Credit Agricole S A has invested 0.01% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Numeric Invsts Lc has 0.22% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 93,110 shares. D Scott Neal stated it has 100 shares. Dimensional Fund Lp holds 0.01% or 60,014 shares. National Asset Mngmt Inc reported 0.05% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Cutter & Communications Brokerage has invested 0.09% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Rmb Capital Mgmt Ltd Co has invested 0.1% in Chipotle Mexican Grill, Inc. (NYSE:CMG). World Asset Mgmt Inc has invested 0.03% of its portfolio in Chipotle Mexican Grill, Inc. (NYSE:CMG). Tower Capital Limited Liability Corp (Trc) accumulated 0% or 133 shares.

Since February 15, 2018, it had 1 insider purchase, and 0 insider sales for $145,440 activity.

Chipotle Mexican Grill, Inc. (NYSE:CMG) Ratings Coverage

Among 44 analysts covering Chipotle Mexican Grill Inc. (NYSE:CMG), 10 have Buy rating, 5 Sell and 29 Hold. Therefore 23% are positive. Chipotle Mexican Grill Inc. has $850 highest and $23 lowest target. $424.50’s average target is 31.65% above currents $322.45 stock price. Chipotle Mexican Grill Inc. had 238 analyst reports since July 22, 2015 according to SRatingsIntel. Cowen & Co maintained the shares of CMG in report on Wednesday, February 3 with “Market Perform” rating. Wedbush maintained the stock with “Neutral” rating in Monday, March 27 report. Standpoint Research upgraded the shares of CMG in report on Friday, August 25 to “Hold” rating. Telsey Advisory Group maintained Chipotle Mexican Grill, Inc. (NYSE:CMG) on Wednesday, October 21 with “Market Perform” rating. Cowen & Co maintained the shares of CMG in report on Wednesday, March 16 with “Market Perform” rating. The stock has “Hold” rating by Oppenheimer on Thursday, February 1. The firm earned “Hold” rating on Thursday, September 28 by Canaccord Genuity. BMO Capital Markets maintained it with “Market Perform” rating and $275 target in Wednesday, October 25 report. UBS downgraded the stock to “Sell” rating in Thursday, February 1 report. The stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) earned “Sell” rating by Maxim Group on Wednesday, October 12.

The stock increased 1.54% or $4.88 during the last trading session, reaching $322.45. About 369,423 shares traded. Chipotle Mexican Grill, Inc. (NYSE:CMG) has risen 7.62% since February 21, 2017 and is uptrending. It has underperformed by 9.08% the S&P500.

Analysts await Chipotle Mexican Grill, Inc. (NYSE:CMG) to report earnings on April, 24. They expect $1.54 earnings per share, down 3.75 % or $0.06 from last year’s $1.6 per share. CMG’s profit will be $43.01M for 52.35 P/E if the $1.54 EPS becomes a reality. After $1.34 actual earnings per share reported by Chipotle Mexican Grill, Inc. for the previous quarter, Wall Street now forecasts 14.93 % EPS growth.

Chipotle Mexican Grill, Inc., together with its subsidiaries, develops and operates Chipotle Mexican Grill restaurants. The company has market cap of $9.01 billion. As of December 31, 2016, the firm operated 2,198 Chipotle restaurants throughout the United States, as well as 29 international Chipotle restaurants; and 23 restaurants with non-Chipotle concepts. It has a 52.26 P/E ratio.

More notable recent Chipotle Mexican Grill, Inc. (NYSE:CMG) news were published by: Fool.com which released: “Is Chipotle Mexican Grill, Inc. a Buy in 2018?” on January 28, 2018, also Seekingalpha.com with their article: “Chipotle Mexican Grill: Becoming A Buyer At $250” published on February 14, 2018, Seekingalpha.com published: “Chipotle New CEO Hiring: Finally, A Step Forward” on February 15, 2018. More interesting news about Chipotle Mexican Grill, Inc. (NYSE:CMG) were released by: Seekingalpha.com and their article: “Taco Bell passes Burger King in US” published on February 21, 2018 as well as Usnews.com‘s news article titled: “CMG Earnings: Chipotle Beats, But Is Still a Mess” with publication date: February 06, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.