Chipotle Mexican Grill – Consensus Indicates Potential 27.5% Upside

Broker Ratings
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Chipotle Mexican Grill with ticker code (CMG) now have 27 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 2600 and 1630 calculating the mean target price we have 1925.07. Given that the stocks previous close was at 1509.86 this now indicates there is a potential upside of 27.5%. The day 50 moving average is 1576.6 and the 200 day MA is 1664.93. The market capitalisation for the company is $42,702m. You can visit the company’s website by visiting: https://www.chipotle.com

The potential market cap would be $54,444m 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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