Chipotle Mexican Grill – Consensus Indicates Potential 11.9% Upside

Broker Ratings
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Chipotle Mexican Grill found using ticker (CMG) now have 28 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 2500 and 1400 with a mean TP of 1749.71. Given that the stocks previous close was at 1564.22 this would imply there is a potential upside of 11.9%. The 50 day moving average now sits at 1334.15 and the 200 moving average now moves to 1523.59. The company has a market capitalisation of $43,301m. Visit the company website at: https://www.chipotle.com

The potential market cap would be $48,436m based on the market concensus.

Chipotle Mexican Grill, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. As of February 15, 2022, it owned and operated approximately 3,000 restaurants in the United States, Canada, the United Kingdom, France, Germany, and rest of Europe. The company was founded in 1993 and is headquartered in Newport Beach, California.

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