Bank of America Have PT $350 on Chipotle Mexican Grill (NYSE:CMG). Equity Analysts Didn’t Change firms “Underperform” rating.

June 27, 2018 - By Julia Strobel

Chipotle Mexican Grill, Inc. (NYSE:CMG) Corporate Logo

During 2018 Q1 the big money sentiment increased to 0.85. That’s change of 0.17, from 2017Q4’s 0.68. 53 investors sold all, 140 reduced holdings as Chipotle Mexican Grill, Inc. ratio increased. 97 rose stakes while 68 funds took stakes. Funds hold 23.61 million shares thus 4.13% more from 2017Q4’s 22.67 million shares.

3,601 are owned by Amalgamated Commercial Bank. 2,624 were accumulated by Paloma Prtn. State Board Of Administration Of Florida Retirement has 0.03% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG). Assetmark Incorporated, a California-based fund reported 55 shs. Synovus Corp holds 0% of its capital in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 12 shs. Virtu Fincl Limited Co holds 1,123 shs. South Africa-based Old Mutual Customised Solutions (Proprietary) Ltd has invested 0.01% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Aperio Grp Ltd Limited Liability Company holds 6,704 shs. Moreover, Farmers Merchants Invs Inc has 0% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG). Edge Wealth Mngmt Ltd Company holds 2 shs or 0% of its capital. Moreover, Caxton Associate L P has 0.09% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG). 3,781 are owned by Two Sigma Securities Limited Co. Amundi Pioneer Asset Management holds 0.07% or 134,720 shs. Comerica Savings Bank invested in 0.02% or 6,652 shs. Renaissance Limited Liability Company reported 0.04% stake.

Chipotle Mexican Grill, Inc. registered $1.10 million net activity with 2 buys and 0 selling transactions since February 15, 2018. The insider CAPPUCCIO PAUL T bought $145,440.

Reiterated Chipotle Mexican Grill (NYSE:CMG) Rating.

The $350 PT on the $12.76B market cap company given by Research analysts at Bank of America means a potential downside of -23.74 %. The Chipotle Mexican Grill (NYSE:CMG)‘s stock had its “Underperform” Rating revealed in a research note on Tuesday, 26 June.

Chipotle Mexican Grill, Inc. (NYSE:CMG) Ratings Coverage

In total 27 analysts cover Chipotle (NYSE:CMG). “Buy” rating has 7, “Sell” are 3, while 17 are “Hold”. (NYSE:CMG) has 26% bullish analysts. 60 are the (NYSE:CMG)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. On Friday, February 2 the rating was maintained by Cowen & Co with “Sell”. On Tuesday, February 6 the company was maintained by SunTrust. In Thursday, April 26 report Stifel Nicolaus maintained the stock with “Hold” rating. On Wednesday, April 25 the rating was maintained by BMO Capital Markets with “Hold”. On Tuesday, January 2 the stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) has “Hold” rating given by Robert W. Baird. On Tuesday, April 17 the company was maintained by RBC Capital Markets. The stock rating was maintained by Jefferies with “Hold” on Wednesday, April 25. On Tuesday, February 20 the rating was upgraded by Stifel Nicolaus to “Hold”. On Wednesday, February 14 the stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) earned “Hold” rating by Credit Suisse. In Wednesday, April 18 report SunTrust maintained it with “Buy” rating and $38000 target.

CMG touched $458.953 during the last trading session after $2.747 change.Currently Chipotle Mexican Grill, Inc. is downtrending after 10.89% change in last June 27, 2017. CMG has also 339,028 shares volume. CMG underperformed by 23.46% the S&P500.

On July, 24 Chipotle Mexican Grill, Inc. (NYSE:CMG)’s earnings report is awaited by WallStreet, Faxor reports. Analysts predict $2.67 earnings per share. That’s $0.35 up or 15.09 % from 2017’s earnings of $2.32. This could hit $74.21M profit for CMG assuming the current $2.67 earnings per share will become reality. After $2.13 earnings per share was announced previous quarter, analysts now see EPS growth of 25.35 % for Chipotle Mexican Grill, Inc..

Chipotle Mexican Grill, Inc., together with its subsidiaries, operates Chipotle Mexican Grill restaurants.The firm is worth $12.76 billion. As of December 31, 2017, it operated 2,363 Chipotle restaurants throughout the United States, as well as 37 international Chipotle restaurants; and 8 non-Chipotle restaurants.The P/E ratio is 68.59.

For more Chipotle Mexican Grill, Inc. (NYSE:CMG) news published recently go to: Globenewswire.com, Benzinga.com, Seekingalpha.com, Bizjournals.com or Schaeffersresearch.com. The titles are as follows: “Research Report Identifies Six Flags Entertainment Corporation New, AVEO Pharmaceuticals, Chipotle Mexican Grill …” published on June 26, 2018, “Investors Might Be Worried by Trade Issues With Europe, China” on June 25, 2018, “Chipotle Is Not Done Rallying” with a publish date: June 04, 2018, “Bike to Work Day 2018: Send us your photos” and the last “Dow Soars With Oil Prices” with publication date: June 22, 2018.

Chipotle Mexican Grill, Inc. (NYSE:CMG) Institutional Investors Chart

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