Chipotle Mexican Grill with ticker code (CMG) have now 28 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 2500 and 1335 with a mean TP of 1800.95. Now with the previous closing price of 1299.99 this would imply there is a potential upside of 38.5%. The 50 day moving average now sits at 1310.72 and the 200 day moving average is 1543.23. The company has a market capitalisation of $36,887m. Company Website: https://www.chipotle.com
The potential market cap would be $51,101m 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.
