Chipotle Mexican Grill (CMG)
(Delayed Data from NYSE)
$53.71 USD
+0.26 (0.49%)
Updated Aug 23, 2024 04:00 PM ET
After-Market: $53.66 -0.05 (-0.09%) 7:58 PM ET
3-Hold of 5 3
F Value A Growth D Momentum C VGM
Chipotle Mexican Grill (CMG) Price Targets
Average Price Target | Highest Price Target | Lowest Price Target | Upside to Average Price Target |
---|---|---|---|
$62.53 | $71.00 | $53.00 | 16.99% |
Price Target
Based on short-term price targets offered by 29 analysts, the average price target for Chipotle Mexican Grill comes to $62.53. The forecasts range from a low of $53.00 to a high of $71.00. The average price target represents an increase of 16.99% from the last closing price of $53.45.
Analyst Price Targets (29)
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 1.68 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 64.52%, while Buy represented 3.23%.
Broker Rating Breakdown
![Broker Rating Visualization](https://widget3.zacks.com/images/charts/bar/brokerage/bar/CMG.png)
Brokerage Recommendations
Today | 1 Week Ago | 1 Month Ago | 2 Months Ago | 3 Months Ago | |
---|---|---|---|---|---|
Strong Buy | 21 | 21 | 20 | 20 | 19 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 9 | 9 | 10 | 10 | 10 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
ABR | 1.61 | 1.61 | 1.68 | 1.68 | 1.70 |
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 |
---|---|---|---|---|
8/14/2024 | Wedbush Securities | Nick Setyan | Hold | Strong Buy |
8/14/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
8/14/2024 | Robert W. Baird & Co. | David E Tarantino | Strong Buy | 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 | 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 |
7/25/2024 | Piper Sandler | Brian Mullan | Hold | Hold |
7/24/2024 | Not Identified | Not Identified | Strong Buy | Strong Buy |
7/24/2024 | Guggenheim Securities | Gregory Francfort | Hold | Hold |
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 |
6/13/2024 | Goldman Sachs | Christine Cho | Not Available | 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 |
10/31/2023 | Northcoast Research | Jim Sanderson | 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 | $62.57 |
LT Growth Rate | 22.10% |
Industry | Retail - Restaurants |
Industry Rank by ABR | 181 of 253 |
Current Quarter EPS Est: | 0.24 |