Chipotle Mexican Grill with ticker code (CMG) now have 29 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The range between the high target price and low target price is between 2000 and 1450 calculating the mean target price we have 1772.83. With the stocks previous close at 1613.78 this is indicating there is a potential upside of 9.9%. The 50 day moving average now sits at 1500.46 and the 200 moving average now moves to 1479.13. The company has a market capitalisation of $44,627m. Company Website: https://www.chipotle.com
The potential market cap would be $49,025m based on the market concensus.
Chipotle Mexican Grill, together with its subsidiaries, owns and operates Chipotle Mexican Grill restaurants. As of September 30, 2022, it owned and operated approximately 3,100 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.
