Chipotle Mexican Grill found using ticker (CMG) now have 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 1400 with the average target price sitting at 1761.96. Now with the previous closing price of 1613.15 this would indicate that there is a potential upside of 9.2%. The 50 day moving average now sits at 1490.38 and the 200 day moving average is 1503.02. The market capitalisation for the company is $44,882m. You can visit the company’s website by visiting: https://www.chipotle.com
The potential market cap would be $49,022m 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.
