Chipotle Mexican Grill (NYSE:CMG) Has Target Of $405 Give by Research Analysts at Wells Fargo. “Market Perform” Didn’t change.

June 29, 2018 - By Glen Chin

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

Big Money Sentiment increased to 0.85 in Q1 2018. 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 amassed positions and 97 increased positions. Investors holded 22.67 million in 2017Q4 but now own 23.61 million shares or 4.13% more.

State Of Wisconsin Invest Board holds 20,494 shs or 0.02% of its capital. Magellan Asset Mgmt accumulated 57 shs or 0% of the stock. Amer Research & owns 10 shs. State Of Alaska Department Of Revenue has 6,668 shs. Shell Asset Communication reported 1,322 shs. Moreover, Generation Management Llp has 2.47% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 783,254 shs. Pub Employees Retirement Association Of Colorado holds 0.01% or 4,712 shs. Cognios Ltd Liability Company stated it has 7,194 shs or 0.84% of all its holdings. Employees Retirement Of Texas reported 1,700 shs. Balyasny Asset Mgmt has 8,166 shs for 0.01% of their capital. Reilly Limited owns 14 shs. Citadel Advsrs Ltd reported 0.01% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Signaturefd Ltd Liability invested in 0% or 129 shs. Garde Cap stated it has 0.05% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Loring Wolcott Coolidge Fiduciary Llp Ma reported 0% of its capital in Chipotle Mexican Grill, Inc. (NYSE:CMG).

Chipotle Mexican Grill, Inc. had 0 insider 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.

Wells Fargo have a $405 PT on Chipotle Mexican Grill (NYSE:CMG) shares. On Thursday morning the $12.05B market cap company have “Market Perform” stock rating. This PT would indicate a potential -6.58 % downside on the stock.

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

Total analysts of 28 have positions in Chipotle (NYSE:CMG) as follows: 7 rated it a “Buy”, 3 with “Sell” and 18 with “Hold”. The positive are 25%. Since January 2, 2018 according to StockzIntelligence Inc Chipotle has 63 analyst reports. On Wednesday, February 14 the firm earned “Buy” rating by Piper Jaffray. On Wednesday, April 25 the firm has “Hold” rating by Jefferies given. On Tuesday, February 6 the rating was maintained by SunTrust with “Buy”. On Monday, March 26 the company was maintained by UBS. In Thursday, April 26 report Canaccord Genuity upgraded the stock to “Buy” rating. On Tuesday, January 2 the rating was maintained by SunTrust with “Buy”. On Wednesday, February 7 Credit Suisse maintained the shares of CMG in report with “Hold” rating. On Wednesday, February 7 the stock has “Equal-Weight” rating by Barclays Capital. On Thursday, June 28 the stock has “Equal-Weight” rating by Morgan Stanley. On Tuesday, January 30 the rating was maintained by Wells Fargo with “Market Perform”.

The stock increased 1.21% or $5.18 during the last trading session, touching $433.54.Chipotle Mexican Grill, Inc. has volume of 517,404 shares. Since June 29, 2017 CMG has declined 10.89% and is downtrending. CMG underperformed by 23.46% the S&P500.

Chipotle Mexican Grill, Inc. (NYSE:CMG) is expected to reveal earnings on July, 24., Faxor reports. Analysts predict $2.67 EPS, which is $0.35 up or 15.09 % from 2017’s $2.32 EPS. If $2.67 is reported, CMG’s profit will reach $74.21 million for 40.59 P/E. After $2.13 EPS report previous quarter, Wall Street now predicts 25.35 % EPS growth of Chipotle Mexican Grill, Inc..

Chipotle Mexican Grill, Inc., together with its subsidiaries, operates Chipotle Mexican Grill restaurants.The firm is valued at $12.05 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.64.79 is the P/E ratio.

For more Chipotle Mexican Grill, Inc. (NYSE:CMG) news released briefly go to: Bizjournals.com, Globenewswire.com, Seekingalpha.com, Benzinga.com or Seekingalpha.com. The titles are as follows: “Fast-Food Roundup: Chipotle closing 65 stores… Starbucks CFO retiring… Chains doing better in customer satisfaction” released on June 28, 2018, “Research Report Identifies Six Flags Entertainment Corporation New, AVEO Pharmaceuticals, Chipotle Mexican Grill …” on June 26, 2018, “Chipotle: Turnaround Is Fully Priced In” with a publish date: June 06, 2018, “Reviewing Bill Ackman’s Q1 Trading Activity: Sells Nike and Howard Hughes” and the last “Chipotle: Would This Time Be Different?” with publication date: June 24, 2018.

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

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