Chipotle Mexican Grill with ticker code (CMG) have now 27 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 2600 and 1630 with the average target price sitting at 1929.37. Now with the previous closing price of 1561.48 this indicates there is a potential upside of 23.6%. The 50 day MA is 1586.41 and the 200 moving average now moves to 1662.85. The market capitalisation for the company is $43,840m. Company Website: https://www.chipotle.com
The potential market cap would be $54,169m based on the market concensus.
Chipotle Mexican Grill, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. As of December 31, 2021, it owned and operated approximately 2,918 restaurants in the United States, Canada, the United Kingdom, France, and Germany. The company was founded in 1993 and is headquartered in Newport Beach, California.
