Rating on Chipotle Mexican Grill (NYSE:CMG) is Set to Market Perform. Its Reconfirms by Wells Fargo with $405 Target.

June 29, 2018 - By Andre Harris

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

Big Money Sentiment increased to 0.85 in Q1 2018. It has change of 0.17, from 2017Q4’s 0.68. The ratio is positive due to Chipotle Mexican Grill, Inc. positioning: 53 sold and 140 reduced. 68 funds acquired stakes and 97 increased stakes. Investors holded 22.67 million in 2017Q4 but now own 23.61 million shares or 4.13% more.

Bancshares Of America Corp De reported 175,398 shs stake. Diker Mngmt Ltd Llc has 7,500 shs for 0.81% of their capital. New Mexico Educational Retirement Board accumulated 2,388 shs. Twin Tree Mgmt L P has 43,429 shs for 0.11% of their capital. Israel-based Bank & Trust Hapoalim Bm has invested 0.11% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Tybourne Mngmt (Hk) Ltd has invested 0.45% in Chipotle Mexican Grill, Inc. (NYSE:CMG). Rampart Inv Mngmt Lc reported 1,547 shs or 0.05% of all its holdings. Ameritas Inv Partners reported 554 shs. Perigon Wealth Management Limited Liability Company owns 0% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 2 shs. Ubs Asset Americas Inc has 0% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 88,277 shs. Gradient Invests Limited Liability Co has 0% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 2 shs. Gmt Cap Corp reported 28,100 shs stake. Neuberger Berman Group Inc Limited Liability Corp has invested 0% of its capital in Chipotle Mexican Grill, Inc. (NYSE:CMG). Korea Investment Corporation invested 0% of its capital in Chipotle Mexican Grill, Inc. (NYSE:CMG). Hartford owns 0.03% invested in Chipotle Mexican Grill, Inc. (NYSE:CMG) for 4,664 shs.

Chipotle Mexican Grill, Inc. registered $1.10 million net activity with 2 insider purchases and 0 sales since February 15, 2018. Shares for $953,100 were bought by Namvar Ali on Thursday, February 22.

Reiterated Chipotle Mexican Grill (NYSE:CMG) Rating.

Chipotle Mexican Grill (NYSE:CMG) had $405 PT given by Wells Fargo in a note revealed on Thursday, 28 June. Investment analysts’s target price means a potential downside of -6.58 % from the company’s last close price.

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

Total analysts of 28 have positions in Chipotle (NYSE:CMG) as follows: 7 rated it a “Buy”, 3 with “Sell” and 18 with “Hold”. The positive are 25%. Since January 2, 2018 according to StockzIntelligence Inc Chipotle has 63 analyst reports. The stock rating was maintained by Credit Suisse with “Hold” on Tuesday, January 23. On Wednesday, February 7 the company was maintained by UBS. On Wednesday, February 7 the stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) has “Hold” rating given by Canaccord Genuity. On Wednesday, February 7 the stock has “Hold” rating by Credit Suisse. On Tuesday, January 16 the rating was maintained by Barclays Capital with “Hold”. On Thursday, April 26 the rating was upgraded by Guggenheim to “Neutral”. On Thursday, April 26 the firm earned “Buy” rating by Robert W. Baird. In Wednesday, February 7 report Bernstein maintained the stock with “Buy” rating. On Thursday, April 26 the rating was maintained by JP Morgan with “Neutral”. On Tuesday, January 2 the stock of Chipotle Mexican Grill, Inc. (NYSE:CMG) earned “Buy” rating by SunTrust.

Ticker’s shares touched $433.54 during the last trading session after 1.21% change.Currently Chipotle Mexican Grill, Inc. is downtrending after 10.89% change in last June 29, 2017. CMG has 517,404 shares volume. The stock underperformed the S&P500 by 23.46%.

Chipotle Mexican Grill, Inc. (NYSE:CMG)’s earnings report is anticipated by WallStreet on July, 24, RTT reports. Analysts expect change of 15.09 % or $0.35 from previous year’s $2.32 earnings per share compared to current’s $2.67 earnings per share. If earnings per share of $2.67 is revealed the profit of CMG could be $74.21 million giving it 40.59 P/E. Analysts at Wall Street see Chipotle Mexican Grill, Inc.’s 25.35 % EPS growth compared to $2.13 earnings per share for last quarter.

Chipotle Mexican Grill, Inc., together with its subsidiaries, operates Chipotle Mexican Grill restaurants.The firm is valued at $12.05 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 64.79.

For more Chipotle Mexican Grill, Inc. (NYSE:CMG) news published briefly go to: Bizjournals.com, Seekingalpha.com, Benzinga.com, Investorplace.com or Seekingalpha.com. The titles are as follows: “Chipotle-backed pizza chain closes Cincinnati restaurants” published on June 29, 2018, “Chipotle: Would This Time Be Different?” on June 24, 2018, “Reviewing Bill Ackman’s Q1 Trading Activity: Sells Nike and Howard Hughes” with a publish date: June 26, 2018, “5 Top Stock Trades for Friday — Amazon Disrupts Pharmacy Industry” and the last “Chipotle Is Not Done Rallying” with publication date: June 04, 2018.

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

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