Impact of Brokerage Rating on Chipotle Mexican Grill, Inc.(CMG)

Many Chipotle Mexican Grill, Inc.(CMG) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Upgraded by Maxim Group on Feb 3, 2017 to Hold, Raises Price Target to $ 390 from a previous price target of $280 .Chipotle Mexican Grill was Downgraded by JP Morgan to Neutral on Jan 17, 2017. Company shares were Upgraded by Wedbush on Jan 5, 2017 to Neutral, Raises Price Target to $ 400 from a previous price target of $370 .Chipotle Mexican Grill was Reiterated by Maxim Group on Dec 12, 2016 to Sell, Lowers Price Target to $ 280 from a previous price target of $300 .Chipotle Mexican Grill was Downgraded by Guggenheim to Sell on Nov 17, 2016.

Company has reported several Insider transactions to the SEC, on Feb 6, 2017, Matthew H Paull (director) purchased 400 shares at 397.71 per share price.On Jun 2, 2016, Steve Ells (Chairman & Co-CEO) sold 21,000 shares at 440.65 per share price.On Aug 7, 2015, John S Charlesworth (director) sold 2,000 shares at 750.12 per share price.

Chipotle Mexican Grill Last issued its quarterly earnings results on Feb 2, 2017. The company reported $0.55 EPS for the quarter, beating the analyst consensus estimate by $ 0.01. Analyst had a consensus of $0.54. The company had revenue of $1034.60 million for the quarter, compared to analysts expectations of $1038.48 million. The companys revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.17 EPS.

Chipotle Mexican Grill, Inc. (NYSE:CMG) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 2.9 by 21 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 10 Brokerage Firms have advised hold. 4 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.

Chipotle Mexican Grill, Inc. (NYSE:CMG) stock has received a short term price target of $ 403.21 from 14 Analyst. The share price can be expected to fluctuate from the mean short term target, can be seen from the standard deviation reading of $90.69. The higher estimate of target price is $547 , while the lower price target estimate is $215

Chipotle Mexican Grill, Inc. (NYSE:CMG) rose 1.3% or 5.4 points on Tuesday and made its way into the gainers of the day. After trading began at $414.15 the stock was seen hitting $420.98 as a peak level and $413.51 as the lowest level. The stock ended up at $419.54. The daily volume was measured at 640,046 shares. The 52-week high of the share price is $542.5 and the 52-week low is $352.96. The company has a market cap of $12,071 million.

Chipotle offers a focused menu of burritos, tacos, burrito bols and salads made from fresh, high-quality raw ingredients, prepared using classic cooking methods and served in a distinctive atmosphere. Through its vision of Food with Integrity, Chipotle is seeking better food not only from a variety of fresh ingredients, but ingredients that are sustainably grown and naturally raised with respect for the animals, the land, and the farmers who produce the food.

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