Chipotle Mexican Grill – Consensus Indicates Potential 8.5% Upside

Broker Ratings

Chipotle Mexican Grill with ticker code (CMG) now have 28 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 2000 and 1415 calculating the average target price we see 1661.08. With the stocks previous close at 1531.42 this would indicate that there is a potential upside of 8.5%. The 50 day moving average now sits at 1440.41 and the 200 day MA is 1378.55. The market cap for the company is $43,387m. Company Website: http://www.chipotle.com

Chipotle Mexican Grill, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. As of December 31, 2020, it owned and operated 2,724 Chipotle restaurants in the United States, 40 international Chipotle restaurants, and 4 non-Chipotle restaurants. The company was founded in 1993 and is headquartered in Newport Beach, California.

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