Chipotle Mexican Grill – Consensus Indicates Potential 5.4% 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 1400 with the average target price sitting at 1761.96. Given that the stocks previous close was at 1672.26 this would imply there is a potential upside of 5.4%. The 50 day moving average now sits at 1423.23 and the 200 day moving average is 1511.69. The market capitalisation for the company is $45,583m. Find out more information at: https://www.chipotle.com

The potential market cap would be $48,028m 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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