Chipotle Mexican Grill (CMG)
(Delayed Data from NYSE)
$2,773.53 USD
+17.14 (0.62%)
Updated Mar 18, 2024 04:00 PM ET
3-Hold of 5 3
F Value B Growth B Momentum C VGM
Chipotle Mexican Grill (CMG) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Downside to Average Price Target |
---|---|---|---|
$2,583.12 | $3,100.00 | $1,850.00 | -6.87% |
Price Target
Based on short-term price targets offered by 25 analysts, the average price target for Chipotle Mexican Grill comes to $2,583.12. The forecasts range from a low of $1,850.00 to a high of $3,100.00. The average price target represents a decline of 6.87% from the last closing price of $2,773.53.
Analyst Price Targets (25)
Broker Rating
Chipotle Mexican Grill currently has an average brokerage recommendation (ABR) of 1.71 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 28 brokerage firms. The current ABR compares to an ABR of 1.69 a month ago based on 29 recommendations.
Of the 28 recommendations deriving the current ABR, 17 are Strong Buy and two are Buy. Strong Buy and Buy respectively account for 60.71% and 7.14% of all recommendations. A month ago, Strong Buy made up 62.07%, while Buy represented 6.9%.
Broker Rating Breakdown
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 17 | 17 | 18 | 18 | 18 |
Buy | 2 | 2 | 2 | 2 | 2 |
Hold | 9 | 9 | 9 | 9 | 9 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.71 | 1.71 | 1.69 | 1.69 | 1.69 |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Analyst Upgrades/Downgrades
Date | Brokerage Firm | Analyst | Previous | Current |
---|---|---|---|---|
2/8/2024 | Wedbush Securities | Nick Setyan | Hold | Hold |
2/8/2024 | Truist Securities | Jake Bartlett | Strong Buy | Strong Buy |
2/7/2024 | KeyBanc Capital Markets | Eric Gonzalez | Strong Buy | Strong Buy |
2/7/2024 | BMO Capital Markets | Andrew Strelzik | Hold | Hold |
2/7/2024 | BTIG | Peter M Saleh | Strong Buy | Strong Buy |
1/25/2024 | Raymond James | Brian M Vaccaro | Moderate Buy | Moderate Buy |
1/22/2024 | Robert W. Baird & Co. | David E Tarantino | Strong Buy | Strong Buy |
1/16/2024 | Piper Sandler | Brian Mullan | Hold | Hold |
10/31/2023 | Northcoast Research | Jim Sanderson | Strong Buy | Strong Buy |
10/23/2023 | William Blair | Sharon Zackfia | Strong Buy | Strong Buy |
7/13/2023 | Guggenheim Securities | Gregory Francfort | Not Available | Hold |
6/1/2023 | Argus Research Corp. | John D Staszak | Strong Buy | Strong Buy |
4/26/2023 | Evercore Partners | David Palmer | Not Available | Strong Buy |
4/26/2023 | Loop Capital Markets | Alton Stump | Not Available | Hold |
1. Not Ident. Many of the brokerage firms who provide Zacks data ask that we keep their identity confidential.
2. In most cases the # of brokers listed above is less than the # of brokerage firms that have a recommendation on the stock. That is because some firms prohibit Zacks from displaying detailed information on their recommendations such as in the upgrade/downgrade table.
Average Brokerage Rating
Current ABR | 1.71 |
ABR (Last week) | 1.71 |
# of Recs in ABR | 28 |
Average Target Price | $2,583.12 |
LT Growth Rate | 21.90% |
Industry | Retail - Restaurants |
Industry Rank by ABR | 146 of 252 |
Current Quarter EPS Est: | 11.36 |