Chipotle Mexican Grill – Consensus Indicates Potential 45.8% Upside

Broker Ratings
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Chipotle Mexican Grill with ticker code (CMG) now have 28 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 2500 and 1530 with the average target price sitting at 1887.13. Now with the previous closing price of 1294.11 this is indicating there is a potential upside of 45.8%. The 50 day moving average now sits at 1482.53 and the 200 day MA is 1653.58. The company has a market cap of $36,066m. You can visit the company’s website by visiting: https://www.chipotle.com

The potential market cap would be $52,593m 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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