“Underperform” was Reaffirmed on Chipotle Mexican Grill (NYSE:CMG) by Bank of America; with $350 Target.

June 27, 2018 - By Mike Johnson

Chipotle Mexican Grill, Inc. (NYSE:CMG) Corporate Logo

Big Money Sentiment increased to 0.85 in 2018 Q1. It has change of 0.17, from 2017Q4’s 0.68. The ratio is positive due to Chipotle Mexican Grill, Inc. positioning: 53 sold and 140 reduced. 68 funds took positions and 97 increased positions. Investors holded 22.67 million in 2017Q4 but now own 23.61 million shares or 4.13% more.

Savings Bank Of America De has invested 0.01% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Daiwa Gru Incorporated Inc invested in 0% or 1,270 shs. Zeke Cap Advsr Limited Liability Corp accumulated 816 shs. Retirement System Of Alabama invested in 11,743 shs. Liberty Mutual Group Asset Inc owns 1,000 shs. Clearbridge Invs Ltd Liability stated it has 762,233 shs or 0.23% of all its holdings. Neuberger Berman Grp Inc Incorporated holds 0% or 6,103 shs. Sei holds 23,483 shs. Cap Advisors Ltd Ltd Liability holds 0% of its capital in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 10 shs. Bartlett & Limited Liability Company reported 331 shs or 0% of all its holdings. Cambridge Inv Rech Advsrs Incorporated holds 0.02% of its capital in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 4,396 shs. Conning reported 650 shs or 0.01% of all its holdings. Private Advisor Grp Limited Co holds 0.01% or 700 shs. San Francisco Sentry Grp (Ca) has invested 0.03% of its capital in Chipotle Mexican Grill, Inc. (NYSE:CMG). The Illinois-based Jump Trading Limited Liability Corp has invested 0.01% in Chipotle Mexican Grill, Inc. (NYSE:CMG).

Chipotle Mexican Grill, Inc. had 0 sales and 2 insider buys since February 15, 2018. This’s net activity of $1.10 million. CAPPUCCIO PAUL T also bought $145,440 worth of Chipotle Mexican Grill, Inc. (NYSE:CMG) shs.

Reiterated Chipotle Mexican Grill (NYSE:CMG) Rating.

After Bank of America’s $350 target price per share was revealed to clients and investors on Tuesday morning, Chipotle Mexican Grill (NYSE:CMG) indicates -23.74 % downside potential.

Chipotle Mexican Grill, Inc. (NYSE:CMG) Ratings Coverage

In total 27 analysts cover Chipotle (NYSE:CMG). “Buy” rating has 7, “Sell” are 3, while 17 are “Hold”. (NYSE:CMG) has 26% bullish analysts. 60 are the (NYSE:CMG)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. In Tuesday, April 10 report Piper Jaffray maintained the stock with “Buy” rating. On Wednesday, April 25 the firm earned “Hold” rating by BMO Capital Markets. On Wednesday, April 18 SunTrust maintained the shares of CMG in report with “Buy” rating. The company rating was maintained by Deutsche Bank on Wednesday, January 31. On Thursday, April 26 the stock has “Buy” rating by Robert W. Baird. In Tuesday, February 20 report Stifel Nicolaus upgraded the stock to “Hold” rating. On Tuesday, January 2 the stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) has “Buy” rating given by SunTrust. On Monday, April 23 the stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) earned “Sell” rating by Cowen & Co. On Thursday, April 26 UBS maintained the shares of CMG in report with “Sell” rating. The stock rating was downgraded by UBS to “Sell” on Thursday, February 1.

The stock decreased 0.59% or $2.747 during the last trading session, touching $458.953.Currently Chipotle Mexican Grill, Inc. is downtrending after 10.89% change in last June 27, 2017. CMG has also 339,028 shares volume. The stock underperformed the S&P 500 by 23.46%.

Investors expect Chipotle Mexican Grill, Inc. (NYSE:CMG)’s quarterly earnings on July, 24., according to Zacks. Analysts predict $2.67 EPS, which is $0.35 up or 15.09 % from 2017’s $2.32 EPS. If EPS of $2.67 is revealed the profit of CMG could hit $74.21 million giving it 42.97 P/E. Analysts at Wall Street see Chipotle Mexican Grill, Inc.’s 25.35 % EPS growth compared to $2.13 EPS for last quarter.

Chipotle Mexican Grill, Inc., together with its subsidiaries, operates Chipotle Mexican Grill restaurants.The firm is worth $12.76 billion. As of December 31, 2017, it operated 2,363 Chipotle restaurants throughout the United States, as well as 37 international Chipotle restaurants; and 8 non-Chipotle restaurants.The P/E ratio is 68.59.

For more Chipotle Mexican Grill, Inc. (NYSE:CMG) news announced recently go to: Benzinga.com, Nasdaq.com, Benzinga.com, Bizjournals.com or Seekingalpha.com. The titles are as follows: “Reviewing Bill Ackman’s Q1 Trading Activity: Sells Nike and Howard Hughes” announced on June 26, 2018, “Chipotle New Menu Items 2018: Milkshakes, Avocado Tostada & More” on June 22, 2018, “Investors Might Be Worried by Trade Issues With Europe, China” with a publish date: June 25, 2018, “Chipotle signs deal with eSports gaming group” and the last “Chipotle Is Not Done Rallying” with publication date: June 04, 2018.

Chipotle Mexican Grill, Inc. (NYSE:CMG) Institutional Investors Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.