Chipotle Mexican Grill (CMG)
(Delayed Data from NYSE)
$56.73 USD
-0.38 (-0.67%)
Updated Oct 7, 2024 04:00 PM ET
After-Market: $56.52 -0.21 (-0.37%) 7:58 PM ET
3-Hold of 5 3
F Value A Growth A Momentum B VGM
View All Zacks #1 Ranked Stocks
Chipotle Mexican Grill (CMG) Price Targets
| Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
|---|---|---|---|
| $63.05 | $73.00 | $53.00 | 10.40% |
Price Target
Based on short-term price targets offered by 30 analysts, the average price target for Chipotle Mexican Grill comes to $63.05. The forecasts range from a low of $53.00 to a high of $73.00. The average price target represents an increase of 10.4% from the last closing price of $57.11.
Analyst Price Targets (30)
Broker Rating
Chipotle Mexican Grill currently has an average brokerage recommendation (ABR) of 1.61 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 31 brokerage firms. The current ABR compares to an ABR of 1.61 a month ago based on 31 recommendations.
Of the 31 recommendations deriving the current ABR, 21 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 67.74% and 3.23% of all recommendations. A month ago, Strong Buy made up 67.74%, while Buy represented 3.23%.
Broker Rating Breakdown
Brokerage Recommendations
| Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
|---|---|---|---|---|---|
| Strong Buy | 21 | 21 | 21 | 20 | 20 |
| Buy | 1 | 1 | 1 | 1 | 1 |
| Hold | 9 | 9 | 9 | 10 | 9 |
| Sell | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 |
| ABR | 1.61 | 1.61 | 1.61 | 1.68 | 1.63 |
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 |
|---|---|---|---|---|
| 9/26/2024 | Goldman Sachs | Christine Cho | Strong Buy | Strong Buy |
| 9/2/2024 | Northcoast Research | Jim Sanderson | Strong Buy | Strong Buy |
| 8/14/2024 | Robert W. Baird & Co. | David E Tarantino | Strong Buy | Strong Buy |
| 8/14/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
| 8/14/2024 | Wedbush Securities | Nick Setyan | Hold | Strong Buy |
| 7/29/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
| 7/26/2024 | Argus Research Corp. | John D Staszak | Strong Buy | Strong Buy |
| 7/25/2024 | Piper Sandler | Brian Mullan | Hold | Hold |
| 7/25/2024 | Cowen & Co. | Andrew M Charles | Strong Buy | Strong Buy |
| 7/25/2024 | Truist Securities | Jake Bartlett | Strong Buy | Strong Buy |
| 7/25/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
| 7/25/2024 | Stephens | Jim Salera | Not Available | Hold |
| 7/25/2024 | Raymond James | Brian M Vaccaro | Moderate Buy | Moderate Buy |
| 7/25/2024 | Not Identified | Not Identified | Hold | Hold |
| 7/25/2024 | Loop Capital Markets | Alton Stump | Hold | Hold |
| 7/25/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
| 7/25/2024 | BMO Capital Markets | Andrew Strelzik | Hold | Hold |
| 7/24/2024 | Guggenheim Securities | Gregory Francfort | Hold | Hold |
| 7/24/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
| 7/18/2024 | William Blair | Sharon Zackfia | Strong Buy | Strong Buy |
| 7/16/2024 | Evercore Partners | David Palmer | Strong Buy | Strong Buy |
| 7/12/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
| 7/9/2024 | KeyBanc Capital Markets | Eric Gonzalez | Strong Buy | Strong Buy |
| 4/25/2024 | Wells Fargo Securities | Zachary Fadem | Strong Buy | Strong Buy |
| 4/16/2024 | Not Identified | Not Identified | Hold | Hold |
| 3/28/2024 | BTIG | Peter M Saleh | Strong Buy | Strong Buy |
| 2/6/2024 | UBS | Dennis Geiger | Strong Buy | Strong Buy |
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 | 1.61 |
| ABR (Last week) | 1.61 |
| # of Recs in ABR | 31 |
| Average Target Price | $63.05 |
| LT Growth Rate | 22.10% |
| Industry | Retail - Restaurants |
| Industry Rank by ABR | 174 of 252 |
| Current Quarter EPS Est: | 0.24 |
CMG FAQs
Chipotle Mexican Grill, Inc. (CMG) currently has an average brokerage recommendation (ABR) of 1.61 on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell etc.) made by 31 brokerage firms.
The average price target for Chipotle Mexican Grill, Inc. (CMG) is $63.05. The current on short-term price targets is based on 14 reports.
The forecasts for Chipotle Mexican Grill, Inc. (CMG) range from a low of $53 to a high of $73. The average price target represents a increase of $10.40 from the last closing price of $57.11.
The current UPSIDE for Chipotle Mexican Grill, Inc. (CMG) is 10.40%
Based on short-term price targets offered by 30 analysts, the average price target for Chipotle Mexican Grill comes to $63.05. The forecasts range from a low of $53.00 to a high of $73.00. The average price target represents an increase of 10.4% from the last closing price of $57.11.