Chipotle Mexican Grill found using ticker (CMG) now have 28 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 2600 and 1675.9 with a mean TP of 1970.96. Given that the stocks previous close was at 1410.02 this now indicates there is a potential upside of 39.8%. The day 50 moving average is 1627.63 and the 200 day MA is 1661.98. The company has a market cap of $41,797m. Company Website: https://www.chipotle.com
The potential market cap would be $58,425m based on the market concensus.
Chipotle Mexican Grill, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. As of October 21, 2021, it owned and operated approximately 2,900 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.
