Chipotle Mexican Grill (NYSE:CMG) Target Raised by BTIG Research to $1,200.00

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Chipotle Mexican Grill stock has undergone multiple analysts rating changes in the recent past.  Chipotle Mexican Grill stock Target Raised by   BTIG Research on 6/29/2020. In a note to investors, the firm issued a new target price of $1,200.00. The analysts previously had $1,010.00 target price. BTIG Research’s price target would indicate a potential upside of 15.01% from the stock’s previous close.

Shares of Chipotle Mexican Grill traded up $12.80 on Monday, reaching $1,045.95. 254664 shares of the stock traded hands, compared to its average volume of 476381. Shares of were trading at $1,045.95 on Monday. The firm’s 50 day moving average is $972.15 and its 200 day moving average is 837.51.Chipotle Mexican Grill  has a 12 month low of $1,021.00 and a 12 month high of $1,087.00. While on yearly highs and lows, Chipotle Mexican Grill today has traded high as $1,057.51 and has touched $1,021.00 on the downward trend.

Chipotle Mexican Grill Earnings and What to expect: 

Chipotle Mexican Grill last announced its quarterly earnings data on April 21st, 2020. The restaurant operator reported $3.08 EPS for the quarter, missing analysts’ consensus estimates of $3.79 by $0.71. The firm had revenue of $1.41 billion for the quarter, compared to analyst estimates of $1.40 billion. Its revenue for the quarter was up 7.8% on a year-over-year basis. Chipotle Mexican Grill has generated $14.05 earnings per share over the last year and currently has a price-to-earnings ratio of 86.8. Chipotle Mexican Grill has confirmed that its next quarterly earnings report will be published on Wednesday, July 22nd, 2020. Chipotle Mexican Grill will be holding an earnings conference call on Wednesday, July 22nd at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Earnings for Chipotle Mexican Grill are expected to grow by 106.80% in the coming year, from $8.82 to $18.24 per share. The P/E ratio of Chipotle Mexican Grill is 87.06, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.03. The P/E ratio of Chipotle Mexican Grill is 87.06, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 47.69. Chipotle Mexican Grill has a PEG Ratio of 7.78. PEG Ratios above 1 indicate that a company could be overvalued. Chipotle Mexican Grill has a P/B Ratio of 17.17. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 1.00%
  • On 6/5/2020 Director Albert S Baldocchi Sell 517 at average share price of $1,059.13 which equates to $547,570.21 in money value.
  • On 6/3/2020 Director Albert S Baldocchi Sell 542 at average price of  $1,056.63 with total value of : Not Data Available
  • On 6/1/2020 CEO Brian R Niccol Sell 884 at average price of  $1,011.38 with total value of : $894,059.92
  • See More Analyst Rating at: RATING

Other Analyst’s rating for Chipotle Mexican Grill

  • 6/24/2020 – Chipotle Mexican Grill had its price target raised by analysts at JPMorgan Chase & Co. from $845.00 to $1,020.00. They now have a “neutral” rating on the stock. ()
  • 6/18/2020 – Chipotle Mexican Grill had its price target raised by analysts at Telsey Advisory Group from $800.00 to $1,000.00. They now have a “market perform” rating on the stock. ()
  • 6/10/2020 – Chipotle Mexican Grill had its “buy” rating re-affirmed by analysts at William Blair. ()
  • 6/3/2020 – Chipotle Mexican Grill had its price target raised by analysts at Cowen Inc from $950.00 to $1,160.00. They now have an “outperform” rating on the stock. ()
  • See More Analyst Rating at: RATING

Other rating updates by BTIG Research: 

  • 6/29/2020 – Papa John’s Int’l had its price target raised by analysts at BTIG Research from $85.00 to $95.00. They now have a “buy” rating on the stock. ()
  • 6/28/2020 – Green Dot had its “buy” rating re-affirmed by analysts at BTIG Research. They now have a $56.00 price target on the stock, up previously from $48.00. ()
  • 6/26/2020 – Hologic had its “buy” rating re-affirmed by analysts at BTIG Research. They now have a $60.00 price target on the stock. ()
  • 6/26/2020 – Redfin had its “buy” rating re-affirmed by analysts at BTIG Research. They now have a $44.00 price target on the stock. ()
  • See More Analyst Rating at: RATING

Chipotle Mexican Grill (NYSE:CMG) Moving Average Technical Analysis

5 day Moving Average is $1,042.10 And 5 day price change is -28.89 (-2.70%)  with average volume for 5 day average is 320,739. While technical analysis for average 20 days shows significant difference, 20 day moving average is  1,035.67 and 20 day price change is -6.52 (-0.62%) and average 20 day moving volume is 367,010. 50 day moving average is 972.15  and 50 day price change is 221.09 ( 0.2695)  and with average volume for 50 days is : 545,110. 200 day moving average is 837.51  and 200 day price change is 235.91 (0.2929)  and with average volume for 200 days is : 571,405.

See More Analyst Rating at: RATING